very likely.
In 2015-2016 industry went into a mini-recession, followed by the ECB pumping over a Trillion Euro into the wild. Then, in 2017 crypto had so much life breathed into it that everyone was dreaming of lambos. 2019 is now matching the 2015-2016 decline with a very similar trajectory, and now its the Federal Reserves turn to shovel fuel into the furnace.
I believe this time though we'll see the inflation move to safety at a much faster pace, because 2016 was not a reset by any stretch, and everyone has one eye on the exits this time.
Perhaps. Though I think they have a lot more fire power to throw at this still before recession actually hits. Interest rates have a lot of room before zero (or negative) and "non-QE" could still turn into official QE.