Ed Dowd sees this as a clear sign of a recession and market crash on the horizon. People like Goldman Sachs know what is coming. They are also [cutting jobs in their consumer facing units](https://www.bloomberg.com/news/articles/2022-12-12/goldman-to-cut-hundreds-more-jobs-moving-beyond-routine-culls), which is also be a slap in the face to anyone who got their COVID shots last year to keep their job.