Teetering on the edge.
BofA Says Fund Managers Most Gloomy on Record on Recession Woes
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Monthly survey shows global growth optimism at all-time low
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Global recession singled out by investors as main tail risk
World on brink of “perfect storm” of crises, warns UN Chief calling for immediate action to avert cascading impacts of war in Ukraine
Dire consequences of the war on global food, energy and financial markets could upend millions of lives
13 April 2022, New York – The war in Ukraine is setting in motion a three-dimensional crisis – on food, energy and finance – that is producing alarming cascading effects to a world economy already battered by COVID-19 and climate change, according to the new findings of the Global Crisis Response Group (GCRG).
“We are now facing a perfect storm that threatens to devastate the economies of developing countries,” said UN Secretary-General António Guterres. “The people of Ukraine cannot bear the violence being inflicted on them. And the most vulnerable people around the globe cannot become collateral damage in yet another disaster for which they bear no responsibility.”
Ukraine war unleashing a ‘perfect storm’ of crises, warns UN chief
There is 35% Chance the US Economy Will Slip Into Recession – Goldman Sachs
Margin Debt Drops Further Amid Imploded Highfliers: Not a Good Sign for Stocks
There are other types of stock market leverage, and no one knows how much leverage there is in total. Margin debt is the only reported indicator.
Forget About a Soft Landing, What’s the Shape of the Hard Landing?
In Hot Economy, Rising Inflation the WSJ notes The Fed Has Never Successfully Fixed a Problem Like This. That link is not paywalled for those who wish to read.
The Housing Bubble May Already Have Found a Pin in Mortgage Rates
Housing Sellers Drop Asking Price as Demand Slip and Mortgage Payments Rise.
h/t mark000