The guardian “We face a global economic crisis”
now with low unemployment > but nobody will tell you that we’ll face global financial crisis once unemployment will explode
Central banks are freaking out right now will full employment.. fasten your seat belts pic.twitter.com/wFwii0hZfm
— Alessio (@AlessioTMAD) June 19, 2022
https://twitter.com/NorthmanTrader/status/1538959788721287168
Spending categories that consumers are cutting back on due to inflation:
1: Eating out 🥣
2: Driving 🏎️
3: Vacations 🏝️
4: Subscriptions 💸
5: Name brands 🥫
6: Buying a car 🚗
7: Buying a home 🏡 pic.twitter.com/pDBbLYYQD3
— Markets & Mayhem (@Mayhem4Markets) June 20, 2022
The reckoning for the long overpriced US #housingmarket has arrived, as price cuts start spiking
25% of current home listings have cut their asking prices https://t.co/DjSbAmiajR
And as the chart below shows, the trend is fast rising pic.twitter.com/ax29K4BSZM
— Adam Taggart (@adamtaggart) June 20, 2022
Too many bailout experts now claim that managing risk is now "dumb" and bagholding is now "smart".
The three heaviest shorting days in 2008 preceded a -50% decline.
This past week saw the heaviest shorting since those down arrows: pic.twitter.com/8C5Qvvvafk
— Mac10 (@SuburbanDrone) June 19, 2022
It can do anything. 🌈🦄🐶🦋 https://t.co/aCL4DTbuR6
— Markets & Mayhem (@Mayhem4Markets) June 20, 2022
'A growing number of US consumers are getting priced out of homeownership. Instead of buying, more of them feel financially compelled to rent, which drives up that price.' https://t.co/0ooibuMMNO by @lisaabramowicz1
— Jesse Felder (@jessefelder) June 20, 2022
Probability of a US recession according to Bloomberg Economics pic.twitter.com/3FHKQnmIit
— Daniel Lacalle (@dlacalle_IA) June 20, 2022
Global Stagflation Resembling the 1970’s Ahead
⦁ The “Dean” of technical analysis anticipates stagflation resembling the 1970’s ahead for the global economy; investors are advised to anticipate increased volatility in the coming weeks, if not sooner.
Central Banks and Markets Share a Secular Awakening: El-Erian
As good phrases from central banks about battling inflation gave strategy to extra significant coverage actions, there was a primary awakening with the realisation that, undoubtedly, we have been making a transition to a brand new and more difficult regime for monetary circumstances.