Peter Schiff: ‘We have more evidence the U.S. economy is headed into recession just in time for the first of many planned rate hikes.’

We have more evidence the U.S. economy is headed into #recession just in time for the first of many planned rate hikes. The Chicago Fed Nat. Activity Index came it at minus .15 and the Jan. PMI Composite Index crashed to 50.8. But as the economy rapidly cools #inflation heats up!

— Peter Schiff (@PeterSchiff) January 24, 2022

Not only was the U.S. economy already headed into a #recession prior to the #Fed announcing its plans to hike rates, but the reverse wealth effect that will result from the crash in stocks and crypto currencies and associated margin calls will make the recession that much worse!

— Peter Schiff (@PeterSchiff) January 24, 2022

We are so fucked. #Recession pic.twitter.com/UwY2wNON5A

— BrandonReitsma.ETH (@BrandonReitsma) January 24, 2022

US Recession Watch
3-Month/30-Year Spread updated 1978-JAN 2022

Kondratiev Monetary Cycle.

The Horizontal Red Line has a 100% accuracy in forecasting oncoming recessions in the US. #recession #macroeconomics pic.twitter.com/jixlGKOs2j

— The Economic LongWave (@TheELongWave) January 24, 2022

#recession … #GFC2 US #GDP edition t.co/VZozqY2ctx

— Invariant Perspective (@InvariantPersp1) January 23, 2022

#recession … #GFC2 #Repo #Collateral Crunch edition#UST #Bonds 📈 t.co/ARZXQ8axuJ

— Invariant Perspective (@InvariantPersp1) January 24, 2022

"Stocks typically experience a correction during the early stage of a rate hike cycle." – @thedailyshot
True statement, but the REALLY BIG #Correction, and #recession comes after rate hikes STOP. pic.twitter.com/vCfQPuu29c

— Lance Roberts (@LanceRoberts) January 19, 2022