The biggest companies have some very strong analysis departments which warn them about these kinds of possible scenarios (recession, etc.), and the companies ac

The biggest companies have some very strong analysis departments which warn them about these kinds of possible scenarios (recession, etc.), and the companies act with this information. There were already signs of a global economic recession elsewhere (Asia, Europe to a lesser extent), with different signs (food and energy prices, even before the war). So the companies started to take defensive action before the downturn became visible on their side of the pond. Now it's looming at the horizon, not like the dotcom bubble or the previous recession(s). I guess it'll be slower, hence it'll be longer and will cut slow and deep.