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
66% of American workers are worse off financially than a year ago due to inflation, report finds
- 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
Articles during recessions be like: