Recession secured: BofA joins JPM in slashing Q1 GDP, now sees just 1% in Q1, says "risk of negative growth quarter are significant"
GDP will turn negative in a few weeks once econ is hit by fiscal headwinds and as oil hits $100. pic.twitter.com/Rie8Za2fqK
— zerohedge (@zerohedge) January 28, 2022
🇺🇸 U.S. Employers Confront Highest Labor Costs in 20 Years, Fueling Inflation – WSJ
*Labor Department’s quarterly employment-cost index is expected to show wages continued to risehttps://t.co/nDFC8k5gHz— Christophe Barraud🛢 (@C_Barraud) January 28, 2022
In other words, BofA is lowering its SPX price target to 2000? https://t.co/fRn7oMGEMY
— zerohedge (@zerohedge) January 28, 2022
Consumer Spending Drops With Inflation Hitting 40-Year High…
Stocks slip as market set to wrap up wild week…
Danielle DiMartino Booth @DiMartinoBooth just said "biblical."
Few. pic.twitter.com/7QwM8NZhgx
— Michael A. Gayed, CFA (@leadlagreport) January 27, 2022
*BLOOMBERG DOLLAR SPOT INDEX CLIMBS TO HIGHEST SINCE JULY 2020
— lemasabachthani (@lemasabachthani) January 28, 2022