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Bidenflation caused McDonald’s to shrink the Big Mac…

May 5, 2022 10:01 am by IWB

U.S. East Coast Diesel Supply Is Running on Fumes: the surging price of the fuel spells trouble for the global economy.

h/t TheHiveminder

Tags bidenflation, caused, mcdonald, shrink

Gasoline price is hitting a new high, trade deficit ballooned 22.5% in a month and the Fed just confirmed they are tightening at the fastest pace and highest VIX level in history.

Equity market wont get really hurt until credit markets (high yield) demand more QE and Powell refuses. Junk is currently closed to new issuance. That suggests July we gets real. We are 7 times more leveraged than we were in 2008. Crisis to Crisis .

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