Debates about whether the U.S. is in–or is headed towards–a recession are currently in the spotlight of our national consciousness. In general, a recession is a period of two consecutive quarters of negative gross domestic product, which the U.S. did experience over the summer. The National Bureau of Economic Research, however, defines it as “a significant decline in economic activity that is spread across the economy and that lasts more than a few months.” If we follow this definition, then the US was not in a recession. Q2 2022 hedge fund letters, conferences and more Find A Qualified Financ…