Credit Card debt in the U.S about to pass $1 TRILLION. Average interest rate on that debt is 24.24%.

by Qplus17

https://twitter.com/GRDecter/status/1651734455537614853

‘The US Economy Is Unwell’: Wall Street Bigwigs Pour Cold Water on Benedict Biden’s Economic Optimism

JPMorgan says S&P 500 could hit 3500 ‘by early summer’ By Investing.com

‘Welcome to the recession:’ Most of Wall Street still sees trouble ahead for the U.S. economy

To note:

Amazon's earnings just collapsed by ~50% YoY and the stock still trades at 115x earnings with virtually no revenue growth in real terms. pic.twitter.com/87YGV0NlOE

— Otavio (Tavi) Costa (@TaviCosta) April 27, 2023