Are We Going to Have a Recession?

I find it hard to produce an argument that says, how can we bring down inflation to 2% on a sustainable basis over the next two years? And I think it's going to be difficult to engineer that loosening of the labor market without having some kind of recession. Whether it's technically a recession or not, it will not feel good. It will feel as if we're teetering on the edge or perhaps we're in a recession. What does this mean in terms of asset prices? We've gotten very used to a world really since even before the global financial crisis,. long before that, of declining interest rates.