Normally, the stock market is a leading indicator. It is down 20% bit from all time highs but still has a bit to go even to get down to where we were pre-pandem

Normally, the stock market is a leading indicator. It is down 20% bit from all time highs but still has a bit to go even to get down to where we were pre-pandemic. Also, since the recession is being created by rate hikes, there will be plenty of room to cut rates in a recession/deflationary environment. It seems that there could be a natural feedback loop to this.