With #Inflation surging, #Shortages crippling the world, and business outlook tanking, it's time to ask whether we are headed for #Recession. All the signs point to a resounding answer of YES.
Read our analysis here: t.co/6fUa3IiyfE
— Egon von Greyerz (@GoldSwitzerland) October 22, 2021
Small Business Signpost–Recessionary
The latest Small Business survey from the National Federation of Independent Business (NFIB) is in, and the report is, well… a bit scary.
Specifically, it reveals general business conditions at the 3rd lowest levels in the last 50 years.
Such lows have consistently operated as reliable leading indicators for whether we are headed for recession ahead.
3/3
Home price increases should cool, but 1st homebuyers might see a market similar to the period prior to the housing crash where incomes fall short of necessary qualifying income.
History shows that a market that forces one to buy homes they cannot afford does not end well.
— Jim Bianco biancoresearch.eth (@biancoresearch) October 24, 2021
Despite low supplies, copper tumbled by the most in 4 months, dropping w/other industrial metals as investors focused on the potential hit to demand from weakness in China’s economy & the looming debt crisis at China Evergrande Group.@business pic.twitter.com/gOhtXgr197
— Danielle DiMartino Booth (@DiMartinoBooth) October 24, 2021
Pasta lovers are in trouble: price of USDA Durum Wheat up ~3x on the year pic.twitter.com/mViPJfOKsQ
— David Schawel (@DavidSchawel) October 24, 2021
#recession … #GFC2 Germany #GDP edition t.co/nR4V3CNbg7
— Invariant Perspective (@InvariantPersp1) October 25, 2021
Latest #economy data On track…but a downwards track! At least no #recession in sight yet pic.twitter.com/AMFgHErmFd act@liquidity.com for latest data.
— CrossBorder Capital (@crossbordercap) October 25, 2021
#recession … China $USD #Liquidity #Squeeze edition
THREAD 👇 t.co/ZOpUbwOdLu
— Invariant Perspective (@InvariantPersp1) October 25, 2021