Recession Risk Is Rising Rapidly, or Could We Be in One Ready?

Two days ago, the fed announced its first rate hike in several years. A drome pol did say that the fed was likely to hike six or seven times more this year. The risk we have to day suggests that we will likely be in a recession within 12 to 15 months. And it could be even sooner, because we haven't been in this environment since the eighties,. where we had eight % inflation on terms of c p i.