In 2022 Millennials will get hit by a collapsed Tech bubble, Crypto bubble, and housing bubble all coming at the end of the cycle.

In 2022 Millennials will get hit by a collapsed Tech bubble, Crypto bubble, and housing bubble all coming at the end of the cycle.

Then they'll get a big tax bill and the IRS will inform them they're bankrupt.

Prepare for rioting. pic.twitter.com/1VAPBDoiqb

— Mac10 (@SuburbanDrone) January 2, 2022

New one family home sales peaked last January and then imploded back to the decade trend-line.

Deja vu of 2007.

Back then the Fed was done raising rates and getting set to cut them.

This time, cycle denial has them raising rates at the worst possible time.

No safety net. pic.twitter.com/gwaorc06Ic

— Mac10 (@SuburbanDrone) January 2, 2022

EVERGRANDE SUSPENDS TRADING IN HONG KONG

— FXHedge (@Fxhedgers) January 3, 2022

Elon Musk Predicts A Recession As Soon As Spring Or Summer 2022, But “Not Later Than 2023”

When further asked about when he thought the next recession would be, Musk said: “Predicting macroeconomics is challenging, to say the least. My gut feel is maybe around spring or summer 2022, but not later than 2023.”

Market Timer McClellan Sees Sharp Stock-Market Selloff ‘Beginning Imminently’: MW

Market timer Tom McClellan, publisher of the McClellan Market Report, warned of a “sharp drop” in the stock market “beginning imminently” and continuing for a couple of weeks into January. Among reasons for his view, chart signals suggest the recent rally in the Dow Jones Industrial Average and S&P 500 to record highs appears to reflect a “blowoff exhaustion”;

The Fed’s Moves Pumped Up Stocks. In 2022, It May Pull the Plug

“Between federal stimulus keeping the economy going, easy monetary policy from the Fed keeping markets liquid and interest rates low, and the ongoing medical improvement leading to surprising growth, markets have been in the best of all possible worlds.”

How Biden’s Agenda Is Causing Inflation

Back in the 1970s, Ford was better known for literally and figuratively stumbling than for his economic acumen, especially when it came to inflation, which soared into double digits shortly after he took office. Ford believed that the way to beat inflation was to browbeat companies into keeping prices down and Americans into becoming bargain hunters.