Almost no one is predicting any more than a mild recession if one even happens. Labor markets may be loosening a bit but ultimately this is all in the fed's cou

Almost no one is predicting any more than a mild recession if one even happens. Labor markets may be loosening a bit but ultimately this is all in the fed's court. At this point, markets have figured out the song and dance. The fed issues an extremely hawkish statement. Then it hikes rates a bit less than last time while saying it has a commitment to keep their finger on things till inflation comes down. Markets react in a tempered manner. Repeat. The layoffs truly suck for those affected by them. But it's not looking at all like 2008 let alone 2000. The businesses are not fundamentally in bad shape. They just bloated and will have moderately underwhelming earnings for a few quarters.