The S&P 500 fell 57% during the Great Recession. This is not a reassuring consideration if you are worried about the looming recession analysts estimate to hit the United States in 2023. Bearing in Mind the S&P 500 has fallen 14% in 2022 YTD and we have our 8 th consecutive losing week in the stock market as of this morning, it is my opinion we are already in a recession and facing inflation, and possibly hyper-inflation, worldwide. As the Federal Reserve continues raising interest rates to combat inflation, analysts are considering a recession in 2023 to be likely. The United States economy shrank 1.4% in the first quarter of 2022 due to a record trade deficit. Demand, consumer spending, and business investment accelerated at the start of 2022, guiding the Federal Reserve to produce a second quarter estimated GDP of +1.8% as of May 19 th . As of this morning, May 20 th , before releasing ...