Are we heading towards recession like 2008 wherein people have cut down their spendings and companies are laying off their employees, we can see cost-cutting everywhere, is it really a recession or just the panic about an uncertain future which is creating a gloomy atmosphere everywhere?
Opposition demographics to Donald J. Trump need a recession to convince the public his tax cut based economic growth policies are failing. They need a recession to bolster their own candidates and incentivize removing him from office. That is why the opposition supporting media bombards the public with the same "recession is coming" fake-it-till-you-make-it propaganda slogans which comprise their standard modus operandi.
There were many investors, traders and hedge fund managers who got burned fading US markets in 2019, due to them falling for "recession is coming" fake news. The same with those who faded Elon Musk/Tesla/SpaceX due to the opposition media publishing hate stories against all 3 ever since it was learned that Elon Musk is a big donor to the republican party -- Trump's party.
A recession could be inevitable due to banks failing and needing to be bailed out. And the federal reserve seeking to implement nonsensical "anti economy overheating" policies which carry a high potential to trigger recession. Central banks and the media have conspired to trigger recession and economic downturn in the united states to suit their own political narratives.