Ok. 2024 recession works with my thesis as well. There are a lot of negative headwinds, including the ones you mentioned. Let’s see what happens.

However, bad news can be good news or bad news throughout the year. Market sentiment is the only way to make money right now imo. Trend is your friend. It can be easy to find yourself biased trading right now. Bearish if you have extensive research and bullish if you don’t lol.