Probability of a U.S. recession (based on 2s10s yield curve per @Economics) has risen to highest since February 2007 pic.twitter.com/SbyzLLspJh
— Liz Ann Sonders (@LizAnnSonders) June 2, 2022
The number of news articles mentioning “hiring freeze” jumped in May. pic.twitter.com/bL1fOKorqF
— (((The Daily Shot))) (@SoberLook) June 3, 2022
Mortgage rates are up, and so is inflation. The FRED Blog provides three graphs and some straightforward description of how inflation can affect your ability to pay off nominal debt, such as a mortgage t.co/bihN4z2UYr pic.twitter.com/mzD118qRRH
— St. Louis Fed (@stlouisfed) June 3, 2022
Stagflation is coming. Consumer recession is coming. The Fed is impotent in this environment. Read Larry Fink’s comments yesterday. And Fink/Blackrock are on the Fed’s payroll. Literally. The Fed has ZERO tools for this environment. pic.twitter.com/BUmPUs5i3f
— John Bullivan (@BullivanJohn) June 3, 2022
Regular: $4.71
Mid-grade: $5.07
Premium: $5.35
Diesel: $5.55
Baby formula: Out of stock
Grocery prices: Through the roofJoe Biden: Blaming others
— Rep. Jim Jordan (@Jim_Jordan) June 2, 2022
This week Biden met with Powell and said he fully backs Fed tightening policy. t.co/vwoCUy0WcM
Back in 2018, Trump told Powell he can reverse policy or get fired.
Bulls, I'm not sure you picked up on that ALL IMPORTANT difference. pic.twitter.com/pFah0RssOI
— Mac10 (@SuburbanDrone) June 2, 2022