No. The American economy is looking quite strong in terms of employment and economic activity. The main problem is inflation due to supply chain issues (a bad thing), high demand (a good thing), and other factors. The Chinese have shown they will support real estate because too big too fail does apply to them as well.
I'm still bullish on commodities at least, because high inflation drags commodity prices upwards. A rate rise was inevitable and any drops in the commodities sector will be short term, particularly in lithium, nickel, cobalt, copper, and other metals that will be in high demand in the coming years.
I think the big one is coming, but this is not it. Only thing worrying me right now is Russia.
