Probability of a U.S. recession has risen to highest since February 2007; “Hiring freeze” announcements jumped in May.

Probability of a U.S. recession (based on 2s10s yield curve per @Economics) has risen to highest since February 2007 pic.twitter.com/SbyzLLspJh

— Liz Ann Sonders (@LizAnnSonders) June 2, 2022

The number of news articles mentioning “hiring freeze” jumped in May. pic.twitter.com/bL1fOKorqF

— (((The Daily Shot))) (@SoberLook) June 3, 2022

Mortgage rates are up, and so is inflation. The FRED Blog provides three graphs and some straightforward description of how inflation can affect your ability to pay off nominal debt, such as a mortgage https://t.co/bihN4z2UYr pic.twitter.com/mzD118qRRH

— St. Louis Fed (@stlouisfed) June 3, 2022

https://twitter.com/BullivanJohn/status/1532695732590764033

Regular: $4.71
Mid-grade: $5.07
Premium: $5.35
Diesel: $5.55
Baby formula: Out of stock
Grocery prices: Through the roof

Joe Biden: Blaming others

— Rep. Jim Jordan (@Jim_Jordan) June 2, 2022

This week Biden met with Powell and said he fully backs Fed tightening policy. https://t.co/vwoCUy0WcM

Back in 2018, Trump told Powell he can reverse policy or get fired.

Bulls, I'm not sure you picked up on that ALL IMPORTANT difference. pic.twitter.com/pFah0RssOI

— Mac10 (@SuburbanDrone) June 2, 2022