Maybe you mean stock market correction, as a result of tightening of monetary policy? There is a difference between that and a true recession (which is a sustai

Maybe you mean stock market correction, as a result of tightening of monetary policy? There is a difference between that and a true recession (which is a sustained contraction in GDP or real GDP). The Fed is very conservative lately. Monetary tightening is not likely to be drastic, Volcker era stuff unless things considerably worsen. Keep in mind tightening means reducing open market operations, not even stopping them or selling off the assets on the Fed balance sheet. We are still a long way from objectively tight policy, we are just not going to be as ridiculously loose as we were.