 ...the problem is that the economy is not only tied to normal ebb and flow of market force cycles...the issue is that black-swan geopolitical issues like ukraine,china,covid,drought,supply constraints,and monkeypox are really working a giant mess on predicting market direction, because many of the factors that each of these issues affect,normally could pull markets in opposite directions,but when they're all simultaneously present...well...all that is assured from this is a lot of volatility and certain sectors being up one day and down the next. also remember an official recession declaration is actually a dragging indicator of at least one quarter...so by the time it is acknowledged,we could very well be one quarter still in it...or one quarter coming out of it. so any bounces one day can be met by a sudden pull-back the next week or even day...and even intraday,especially on those &quot;special fed days&quot;-which by the way,wednesday is another🥳🤯