And you will see the media formally admit the nation is in a recession.
But...there will be a feeling, a knowing, that it is something much worse than a recession. And as usual, there will be events orchestrated to "explain" why we are in a recession, such as Trump starting a trade war, or a market crash, etc, etc.
But the real reason will be the same as it always is.
Bankers blow bubbles and pop them. Have been for centuries.
Why? Profit, what else? They make obscene profits during bubbles, then collect assets at pennies on the dollar during recessions/depressions. "Collecting Assets" is what you know as foreclosures, reposessions, and the like.
It's truly unfortunate that most of you choose to spend your spare time in front of the idiot box instead of educating yourself in the Information Age, where information is more readily available than it has been in all of history.
Instead, you sit watching American Idol and Home Reno shows, and because of that, you're wholly ignorant of how the very society you live in works. And so you'll be shocked at what happens, and confused by such a swift turn of events.
Yes, same as it's always been for centuries, but you wouldn't know that because the talking head on your idiot box didn't tell you.