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are we in a recession or are we not in a recession for the United States is one coming to the USA or can the FED actually pull off a soft Landing after all its the question wed all love a damn answer to because if the USA does hit a recession officially then the knock-on effects for markets could be pretty damn bad so lets see what the data is telling us first what are the central banks saying they get all the grain of salt of course cant really trust central banks but what theyre saying right now is that we are actually past using the technical definition of a recession because you know the usual tradition of two negative quarters of GDP equals a recession just doesnt fit the narrative anymore that would have meant by the way that the recession has already been and gone during 2022 because the first two quarters of 2022 were negative the last two quarters were positive and according to the Federal Reserve were still not in a recession and that didnt equal a recession when it