Expectations of an economic recession reflect belief that th...

Expectations of an economic recession reflect belief that the US economy is not strong, and the actual state of the labor market is very poor. The Federal Reserve will reduce interest rates as predicted by the market. If it has to be underestimated/overestimated, the extent of the federal reserve's interest rate cut will exceed market expectations and will cut interest rates by 150 basis points in the coming year. The proportion of American debt interest payments to tax revenue is already at a completely unsustainable level. Under the current structure, a large part of tax revenue will be used for interest payments. Moreover, this situation has reached a point where it can no longer be ignored.