Fed members are tripping over each other to become more hawkish.
There is now an 86% probability of a 1% rate hike in two weeks:https://t.co/EZuPl45Eqz
Volcker Madness. pic.twitter.com/XAYu5lQHP2
— Mac10 (@SuburbanDrone) July 14, 2022
Beige book pic.twitter.com/5PpsiS5QKi
— Alessio (@AlessioTMAD) July 14, 2022
Fasten your seat belts https://t.co/LtwZCjyzO2
— Alessio (@AlessioTMAD) July 14, 2022
As Wells Fargo's Darrell Cronk said, he thinks investors have been sold a bill of goods about the strength of the consumer balance sheet. He points to an unprecedented build in credit card borrowings in recent months as investors use up savings.
— Lisa Abramowicz (@lisaabramowicz1) July 14, 2022
Credit Managers Say Defaults on Track to Rise on Four Continents
Time to buy apple safe haven https://t.co/aJucfK8h8J
— Alessio (@AlessioTMAD) July 14, 2022
#recession … #GFC2 #GDP edition
What about the impact of the #IMF running out of money to bail out all the countries that need it? 🤔 https://t.co/uXmE1tNuMB pic.twitter.com/y1sbgqxDie
— Invariant Perspective (@InvariantPersp1) July 14, 2022