Navigating through inflation, interest rates, & a recession?

I have received quite a few questions about the macro environment and how to prepare for a recession. Many of these questions were well thought out, so I thought I'd answer them here. So let’s dive in! Question: Where's the interest rate likely to go? The economic reality usually lags the Fed interest rate moves. Should we be preserving capital now and enter aggressively when there’s a clear indication when the Fed pivots? Answer:  Warren Buffett is asked this question frequently and here’s how he would reply, “even if the Fed chairman whispers what the interest rate is going to be, it’ll...