I don’t listen to Biden saying we are or we are not in a recession. I don’t listen to politicians for this kind of stuff. Medical advice, from a doctor. Financial advice from my money manager. I’ll wait to hear from an economist on weather we are in a recession. Not some dude on a message board who is rooting for it.
From what I heard without even looking into it too much yet is the Fed could meet early (supposed to meet in September) to lower rates to prevent a recession.