2022 Has Been The Worst Start To A Year For SP500 Ever…. Bank of America: The US is on the Brink of a Recession

Sharing is Caring!

Bank of America, JP Morgan Chase, and the Atlanta Fed are warning a recession could start in months. The incoming economic data indicates the economy could contract as early as the end of the first quarter, which would put the U.S. in a recession by summer.

See also  Tightening into recession: Corporate bonds are approaching COVID crash lows, and quickly. Credit spreads are back around the late 2018 wides. The 5yr and 30 yr yield curve inverts to the deepest level since 2000.
Help Support Independent Media, Please Donate or Subscribe:
See also  How to Start an E-Commerce Business in Dubai & The UAE

Views: 6

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.