It does not look like a soft landing
Consumers are buying fewer items to cope with inflation at the grocery store. A leading indicator of consumer spending this holiday season. pic.twitter.com/5JWCYoN3bw
— The Maverick of Wall Street (@TheMaverickWS) October 19, 2022
Bezos warns on the economy, saying it's time to 'batten down the hatches' t.co/AbYTPMMq85
— CNBC (@CNBC) October 19, 2022
It does not look like a soft landing 👇(Morgan Stanley) pic.twitter.com/knKNFtQT3G
— Michael A. Arouet (@MichaelAArouet) October 19, 2022
Yep, the probabilities in this economy tell you to batten down the hatches. t.co/SwldRdms5v
— Jeff Bezos (@JeffBezos) October 18, 2022
- As the cost of living keeps rising, more Americans are struggling financially.
- Now, two-thirds of adults say they are worse off than they were just one year ago, according to a recent report.
- Nearly 1 in 3 workers, including those earning more than $100,000, run out of money before payday.
So here is where we are:
2 Year Treasury Yield: 4.44%
5 Year Treasury Yield: 4,23%
10 Year Treasury Yield: 4.02%
30 Year Treasury Yield : 4.33 %
— Jeffrey Gundlach (@TruthGundlach) October 19, 2022
Federal Reserve Alert! Beige Book – October 19, 2022: Four Districts noted flat activity and two cited declines, with slowing or weak demand attributed to higher interest rates, inflation, and supply disruptions. Outlooks grew more pessimistic amidst growing concerns about weakening demand.
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