good time to play defense.

https://www.cnbc.com/2022/03/28/bond-market-is-flashing-a-warning-sign-that-a-recession-may-be-coming.html

if there’s a recession, it’s possible to be a prolonged one, the fed can’t snap us out of it by lowering interest rates, they’re already too low. fed should have started raising rates a few years ago. would have helped with inflation, and would have provided a mechanism for dealing with an inevitable recession.

not a great situation.