— Win Smart, CFA (@WinfieldSmart) May 16, 2022
Has #recession arrived already in the US? Atlanta Fed GDPNow Forecast point to another quarter with negative US growth. This following today's weak retail sales and Empire Manufacturing (source: @business ) pic.twitter.com/3c4qetsOB3
— Ole S Hansen (@Ole_S_Hansen) June 15, 2022
Atlanta Fed Slashes Q2 GDP Forecast To Zero Confirming Technical Recession
Curious why stocks are soaring today ahead of an expected 75bps rate-hike by The Fed (further tightening financial conditions as QT starts shrinking the Fed’s balance sheet)?
The bond market's worries about out of control inflation have led to a washout selloff in investment grade corp. bonds. Lowest McClellan A-D Oscillator for that A-D data since the Covid Crash. pic.twitter.com/ojtrCnhJNM
— Tom McClellan (@McClellanOsc) June 15, 2022
Chart is awe inspiring. Yes, folks, is really different this time. And if bonds can do this, then I think equity indices could do 40-50% down. It's a @crossbordercap liquidity thing. If no-one has money to buy, valuations go out the window, just as they did on the way up. pic.twitter.com/PA0UQRg3aj
— One Bubble to Rule Them All (@shortl2021) June 15, 2022
Prices are soaring, you are about to lose your job, but at least your stocks are crashing and the value of yours house is about to fall off a cliff.
— zerohedge (@zerohedge) June 15, 2022
IEA: Oil output will struggle to keep up with demand in 2023
This will entail a greater imbalance between supply and demand thus higher prices, according to the agency.Stop the inflation now Powell
— 🅰🅻🅴🆂🆂🅸🅾 (@AlessioUrban) June 15, 2022
*POWELL: THE ECONOMY IS NOT SLOWING DOWN
do you still think the FED is your friend?
— 🅰🅻🅴🆂🆂🅸🅾 (@AlessioUrban) June 15, 2022
NFIB Survey Rings Recession Alarm Bells
ZeroHedge – On a long enough timeline, the survival rate for everyone drops to zeroThe National Federation of Independent Business (NFIB) signals a recession is coming—again. The reason I say “again” is because, in September 2019, we discussed these same signals:
World’s Central Banks Got It Wrong, and Economies Pay the Price
Even after central banks recognized they got their inflation calls wrong last year, they’ve continued to flub their policy guidance, threatening greater damage to their credibility, roiling markets and undermining the pandemic recovery.