TLDR; Terrifs are the root cause. With continued increase terrif recession might be official within 3 quarters. JP Morgan has taken u-turn and is expecting 2 ra

TLDR; Terrifs are the root cause. With continued increase terrif recession might be official within 3 quarters. JP Morgan has taken u-turn and is expecting 2 rate cuts from feds. Other central banks around the world are planning rate cuts as well. South Korea production fell by 2X than expected. Not all economies are loser, however, India and Vietnam might see increased business.