Power firms across Europe are warning about an unprecedented liquidity crisis.
Property developers across China are experiencing an unprecedented liquidity crisis.
Nations around the world are bracing for a potential sovereign debt crisis.
"Buy the ticket, take the ride."
— Gold Telegraph ⚡ (@GoldTelegraph_) September 9, 2022
FED'S BULLARD SAYS MARKETS UNDERPRICING `HIGHER FOR LONGER’ RATES
— *Walter Bloomberg (@DeItaone) September 9, 2022
FED'S WALLER: THIS IS STRANGEST LABOR MARKET I'VE SEEN IN MY CAREER
— *Walter Bloomberg (@DeItaone) September 9, 2022
🇺🇸 #SPX | Highest Number of S&P 500 Companies Citing “Recession” on Q2 Earnings Calls in Over 10 Years – Factset
*Link: t.co/kbtC5k43sI pic.twitter.com/wsF6S7Kxmn— Christophe Barraud🛢🐳 (@C_Barraud) September 9, 2022
"They certainly have created mother of all inflationary backdrops that are really causing all American families to suffer. And to your point, we’re talking about billionaires who have created millions and millions of jobs for hard working Americans."t.co/K5Yebtk2cw
— Danielle DiMartino Booth (@DiMartinoBooth) September 8, 2022
Scott Minerd says the market should fall 20% from here by mid-October, per CNBC.
— unusual_whales (@unusual_whales) September 8, 2022
the market is trading up on no volume as liquidity vanishes and spreads widen. good luck today. pic.twitter.com/GDtDC1FrjV
— Michael J. Kramer (@MichaelMOTTCM) September 9, 2022
ECB to start talks on shrinking its balance sheet – Financial Times
— *Walter Bloomberg (@DeItaone) September 9, 2022
"The Federal Reserve is expected to close shop on purchases of mortgage-backed securities on Sept. 14, noting that the next operations will be announced “if necessary, there are risks the market has yet to fully realize and price…" #OpCo
— Richard Christopher Whalen (@rcwhalen) September 9, 2022
DEUTSCHE BANK EXPECTS THE FED TO RAISE RATES BY 75 BPS AT SEPTEMBER MEETING.
— Breaking Market News ⚡️ (@financialjuice) September 9, 2022
JUST IN – US household net worth falls over $6 trillion in Q2.
— Disclose.tv (@disclosetv) September 9, 2022
Everyone is focused on peak of inflation but the FED is focused on labor market.. a sustained inflation is the real danger “sticky” as long as labor market remains tight and wages grow the FED will keep tightening. Beige Book suggested increased growth in wages > 75bps secured
— 🅰🅻🅴🆂🆂🅸🅾 (@AlessioUrban) September 9, 2022
“We’re in a Crisis, and It Will Get Worse in the Coming Months”: Economic Professor Jeffrey Sachs
We are very honored that the next guest of PFI Talks was Jeffrey Sachs, a world-renowned economist, University Professor and Director of the Center for Sustainable Development at Columbia University, where he directed the Earth Institute from 2002 until 2016. Jeffrey Sachs was twice named as Time magazine’s 100 most influential world leaders, and was ranked by The Economist among the top three most influential living economists.
“Yellen Was Massively Blind” – RH CEO Routs ‘Slow & Wrong’ Policymakers For Making Things Worse
In April, RH (the stock-buyback/short-squeeze mogul formerly known as Restoration Hardware) reported dismal earnings which sent its stock plunging and prompted CEO Gary Friedman to give an ominous assessment of the overall macro situation.