Economy

I see some major companies trading in a range 3 month period after 3 month period. Debt on the balance sheet and poor prospects are burdening secondary issues. ETF's and mutual funds are also range bound, if you look at the charts over the last 12-18 months. Consumer spending is doing ok, considering inflation, because it's buoyed by jobs. But a Fed-induced cyclical recession is necessary to tame inflation, and we are going there, in about 18 months, just prior to Election Day 2024. These patterns were oblique at one time. Now all the gurus blast their opinions, as does MSM, the Fed is more transparent, and there are 50 years of modern economic, business, political, interest rate, and technological cycles to flesh out the pattern. Buckle up. It won't be too bad, there are side gigs nowadays, and consumers will spend no matter what.