In a recent statement published by CNBC, JP Morgan CEO Jamie Dimon said the US will likely tip into recession in the next 6 to 8 months. CEOs of top companies, including Google, Tesla, and Facebook, have reiterated concerns about a lurking recession right from the start of 2022. On the other hand, going by the technical definition of a recession — two consecutive quarters of negative GDP — the US entered into a recession in the Summer of 2022 (Forbes).