Some may think bad news is baked in, but I am inclined to think it gets worse before it gets better.
Some may think bad news is baked in, but I am inclined to think it gets worse before it gets better. pic.twitter.com/jQggja1eXo — Markets & Mayhem (@Mayhem4Markets) July 21, 2022 Based on Philly Fed new orders indexes (current and future), …