So the question is, what is going on there, are we really heading to recession? (or this is how markets work, so that people always speculate? )
I think it's obvious that we have entered recession when we have the Covid-19, two years ago. Every economy is shutdown, people doesn't have jobs, companies are closing down their businesses.
And although majority now are bouncing back and it seems that we are back to normal again, but it's too late as the damage has been done already. US for example, their CPI has been hit and so they are too are in recession. And then the war in the background is one of the factors as well for us to be in the situation that we are in right now.