Crisis is near: what to expect from troubled markets?

Crisis is near: what to expect from troubled markets? For several months, the threat of a recession has been stubbornly ignored by politicians and overly optimistic investors. For half a year we have already seen a lot of surprises, but stock analysts are sure that the most interesting is yet to come. Alas, there is nothing positive in these forecasts.So what we already have: uncontrolled inflation; sale on the bond market (the largest in the last 40 years); an unprecedented collapse in technology stocks; global crisis of the crypto market.Market crash estimates have a wide range: for example, Deutsche Bank clients believe that the economic crisis in the US will come with a 90% probability, while the recession forecasting model developed by the New York Fed gives it only 4.11%.But whatever happens, the markets are not ready for it.If the big players find an effective preventative cure, then major stocks will stabilize and recession panic will begin to fade. If a recession does start, the losses will be global.Many risks can come from outside. So, hedge funds are waiting for the BOJ to cancel control over bonds, and if the yield on Japanese government bonds jumps up, then a collapse in USD/JPY rate by 10-20 figures is quite real. Such a reversal will only add chaos to global markets.In addition to the Ukrainian conflict and the gas war with Russia, Europe faces new political risks. ECB is trying to prevent another crisis in Italy. If no agreement can be reached on an underwriting deal for Italian bonds, Italy and the entire Eurozone will plunge into crisis by autumn. In any case, the euro is now too dangerous an object for investment.We can only hope that the recession will be slow, soft, will not occur until next year, or even this scenario will be cancelled. So far, economic data paint a different picture, and small economic entities in the form of ordinary households have not yet felt the effect of high-interest rates.So we are correcting strategies, tightening money management and not taking risks in vain.Profits to yall!