Joseph Carlson, relaying another source: Recession will happen

The window it was checked over

NBER-based recession indicator: Federal Reserve Bank of St. Louis via FRED, figures as first published. The shaded span is the window the call was checked over; grey bands are recessions.

What was said around it

in this episode jerome powell just said the words he just addressed the elephant in the room that higher interest rates could possibly maybe lead to a recession and him just admitting that obvious fact caused the market to drop back into the red from being a percentage into the green that's how fragile this market is now we also have another topic i want to address which is something that's being debated right now across social media across youtube and other outlets naturally as there's a possibility that we might be going into recession and at this point at least in the financial realm it seems like a consensus that we are headed into a recession the question gets asked when should we buy our companies should we hold off and hoard cash right now should we buy in later should we lump sum invest right now or should we dollar cost average the question being debated right now is simply whether we should time the market or not time the market market timing is pretty simple it just means that you're trying to predict market movements if investors can predict when the market will go up or down they can make trades that turn that market move into a profit and many people are trying to participate

What a person said is shown in their own words and is never translated. The link goes to the exact second in the video.