Experts have been calling for recession since the market slipped into a bear market starting in Jan 2022. Remember the “changed definition” of the term “recession” last summer? It has been a very politically charged term now thrown around loosely. Reality is:
Consumer still spending
Record home equity
Consumer balance sheet is holding up
Real estate ex west coast housing heating up again
Possible new bull market began Oct 22
Inflation has peaked and even though is elevated will continue to drop
Unemployment at historical lows ex tech on west coast
Bank crisis from last month may have been contained

Will there be another black swan? Eventually. However, 2023 is looking a lot better than the “experts” have predicted. Like I said, the most predicted recession in recent memory might mean we end up climbing the wall of worry.