Recession never took over the economic steering gear. We have been in inflationary expansion since May 2003 till today Oct 20, 2023. Will situation change? At least the monthly chart is slow to tell.Past boom & bust cycles were violent. Since the liquidity eased in Oct. 2022, everything has been under control. No big swings. There will be rolling recessions or growths, intertwined and alternating
Don't see a major collapse in the US market. Elsewhere? All hands on deck.