Michael Burry says the US economy will suffer a multiyear recession. He sees no way for authorities to end the downturn early and warns consumers will virtually exhaust their savings soon, tanking the economy.

  via businessinsider: Michael Burry has predicted the US economy will suffer a multiyear recession. The ‘Big Short’ investor sees no way for authorities to end the downturn early. Burry has warned consumers will virtually exhaust their savings soon, tanking the …

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Economy Is at Mercy of Powell & Yellen

While Americans struggle to pay their bills amid soaring inflation, the institutions we rely on to wrestle the economy back to stability are engaged in a secret power struggle which only worsens the impending crisis. Federal Reserve Chair Jerome Powell and …

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The US economy is Slipping Into Darkness

by confoundedinterest17 The US economy is Slippin’ Into Darkness. The Fed’s favorite yield curve measure, the implied yield on 3-month T-Bills in 18 months less the 3-month T-bill yield has inverted. Note that this curve inverts prior to a recession. The new …

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Sorry Joe, the economy is already circling the bowl

BIDEN: "Republicans are going to crash the economy." pic.twitter.com/UWpbiCxtM6 — Townhall.com (@townhallcom) October 24, 2022 You mean even worse than the worst in 40 years? https://t.co/kP8U7G7FjB — zerohedge (@zerohedge) October 16, 2022 pic.twitter.com/zk0D40x24v — White Rabbit Soup (@smileyface4380) October 16, …

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This is similar to 2008.. bulls were still optimistic about the economy because staples were doing well. Huge red flag but dumb money doesn’t see it

Just remember that cyclicals stocks get slaughtered by higher rates and defensive stocks still perform well.. for example: Pepsi is still forecasting higher revenue.. bulls will keep saying the economy is doing okay, we’ve not reached fear like fintwit says …

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‘Quiet Quitting’ Isn’t Just About Jobs; It’s About a Crumbling Economy

by Charles Hugh-Smith The unraveling of hyper-Globalization and hyper-Financialization will generate consequences few conventional analysts and pundits anticipate. TikTok videos on ‘Quiet Quitting’–doing the minimum at work, giving nothing extra to the employer– have gone viral, and The Wall Street Journal quickly picked up the thread: If …

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The global economy is on the verge of a recession…

This bellwether is hyper-sensitive & highly reflective of the global economy. @Quillintel @SPGlobalPMI @SoberLook pic.twitter.com/C0pB0iCSVo — Danielle DiMartino Booth (@DiMartinoBooth) October 4, 2022 We rue what we ignore. @Quillintel @SoberLook pic.twitter.com/Rr0D75mB2q — Danielle DiMartino Booth (@DiMartinoBooth) October 4, 2022