It is quite possible the market falls much much further. A crash.
It is quite possible the US seconomy only has a mild recession. Bank on America.
The FED is only interested in the latter. We are not in a supply side economics funk any longer.
What is not possible? Sitting on our hands is no longer possible. I mean as a country we have business to do. When Musk accuses honest people of being lazy Musk is not dealing with reality. There seems to be more craziness out of Musk these days.