by Michael How much are you willing to sacrifice for “the future of the liberal world order”? As you will see below, the Biden administration is trying to convince us that supporting the “liberal world order” is far more important …
by Shaun Richards Over the last 24 hours the heat has begun to be turned up on the ECB. Not quite literally as whilst they have decamped to the resort of Sintra in Portugal the weather is not so good. …
by Michael Even the most wild optimists are starting to sound like “doom and gloomers”. In fact, even the most optimistic woman on Wall Street is now telling us that the U.S. economy is in a recession right now. At …
Source: https://www.cnbc.com/2022/06/28/ark-invests-cathie-wood-says-the-us-is-already-in-a-recession.html Ark Invest CEO Cathie Wood said Tuesday that the U.S. is already in an economic downturn, and she admitted that she underestimated the severity and lasting power of inflation. “We think we are in a recession,” Wood said on …
by Peter Schiff of Peter Schiff Podcast · Dow Jones just did something it hasn’t done since the great depression. · Rates in the UK and Japan headed higher. · Weakness and volatility in crypto markets. · Government moves to ban Juul vapes. …
https://twitter.com/MFHoz/status/1541044011036807168 One of the best contrarian indicator out there – Goldman Sachs. Trying to create bagholders to buy their junk per usual. — Minsky Moment (@BP_Rising) June 25, 2022 https://twitter.com/leadlagreport/status/1541124181370232832 A recession is coming, you can bank on it The …
by confoundedinterest17 Alarm! No problemo, says James “Bully” Bullard, President of the St Louis Federal Reserve. Bullard said that US recession fears are overblown with consumers “healthy.” Really Jim? Inflation is so bad they REAL average hourly earnings growth keeps falling …
Recession? You’ll hardly even notice! Inflation? What a great chance to help a neighbor. You might think I’m kidding, but I caught two stories this morning showing just how comically desperate lefties have become, trying to defend the flailing Biden …
New York (CNN Business)In the last few months, Yumekia Jones, a legal assistant at the Mississippi Center for Justice’s Indianola office, has fielded an unusually high number of calls — a roughly 400% spike — from people in dire need …
Whoa! More negative wealth effects coming down the pipe…big #recession ahead pic.twitter.com/qfRbHfuxh9 — CrossBorder Capital/ GLIndexes (@crossbordercap) June 24, 2022 Rubbish! #recession is a ‘certainty’ pic.twitter.com/dEObfZ6dSC — CrossBorder Capital/ GLIndexes (@crossbordercap) June 24, 2022 In one week, QT escalates to …
I hope people have prepared for this, particularly the people who saw it coming. I also hope people remember that leading up to this crash, politicians and the corporate press were celebrating the economy and telling us that inflation was …
by confoundedinterest17 The talk of a gasoline tax “holiday” out of Washington DC is pure Kabuki theater. It is purely a sign of the times with Biden still trying to blame Putin for rising gasoline prices and inflation and ignoring his anti-fossil fuel …
via LA TIMES: Whether it’s President Biden insisting a recession is avoidable or his critics arguing that the wolf is at the door, both sides are acting as if the nation faces an unprecedented catastrophe. Partly it’s political theater — Biden fighting …
by confoundedinterest17 Slippin’ Into Darkness! Despite what Biden and his muppets say, there is a good chance that the US will slip into recession over the next 24 months. And with that, we are seeing a slight drop in US mortgage …
By Graham Summers, MBA The U.S. is in recession. A recession is not coming, it’s already here. I know it. You know it. Just look around you. Yes, restaurants and airports are packed… but demand for both dining out and travel …
Last week, I was invited to testify before a House committee hearing titled: “How the Biden American Rescue Plan Saved the Economy and Lives.” I am not making this up. Can you imagine taking a victory lap, given our current …
In fact, according to the official WH position, things are quite the opposite. Apparently, it’s all roses and rainbows as the US is poised to enter a period of “stable and steady growth,” Jean-Pierre predicted. Pay no mind to the …
Musk announces big job cuts at Tesla The company’s CEO has warned a recession in the US is “likely” Tesla will cut 10% of its salaried workforce over the next three months, Chief Executive Elon Musk said on Tuesday. Speaking …
The first economist on Wall Street to predict a U.S. recession in 2023 is moving up his timeline for an economic contraction. “More than two months ago we forecasted that the U.S. economy would tip into a recession by end-2023,” …
by confoundedinterest17 I couldn’t sleep at all last night … after The Fed cranked up their target rate 75 basis points. The odds of a recession grew to 71.7% as The Fed hikes rates. Over the next 24 months, the probability of …
https://t.co/yhIwlQoUfo — Win Smart, CFA (@WinfieldSmart) May 16, 2022 Has #recession arrived already in the US? Atlanta Fed GDPNow Forecast point to another quarter with negative US growth. This following today's weak retail sales and Empire Manufacturing (source: @business ) …
by SilverBoatSurfer Source: https://www.news.com.au/finance/economy/world-economy/inevitable-aussie-multimillionaire-ceos-bleak-recession-call-as-inflation-bites/news-story/b116805261c581f73384b4ef2fc3369d
https://www.marketwatch.com/articles/bear-market-recession-spiral-fed-51655159287?mod=mw_latestnews Economist Paul Samuelson famously quipped that the stock market had predicted nine out of the last five economic recessions. By this he meant that the stock market tends to be overly pessimistic about the economic outlook. Before taking comfort …
by laflammaster From almost 20% of GDP last year to less than 5% this year. I can’t say when the “official” recession will begin however growth is currently hovering at 0% right now, which means that ex-deficit we are ALREADY …
Bro…no one cares…we are in the beginning stages of a global debt default & a hard landing recession…kabuki theater for the cult members…those who have an iota of discernment tuned out. https://t.co/DsFr8nvtDJ — Edward Dowd (@DowdEdward) June 10, 2022 WELCOME …
https://twitter.com/MacroTechnicals/status/1534881245510893571 Italy 10y yield 3.7% pic.twitter.com/VDinnGN2Gi — Alessio (@AlessioTMAD) June 9, 2022 https://twitter.com/MacroTechnicals/status/1534886052418166784 https://twitter.com/TommyThornton/status/1534875380691226626 Italian 10-year yields rise to the highest vs German rates in more than two years: pic.twitter.com/UtX60mHK4G — Lisa Abramowicz (@lisaabramowicz1) June 9, 2022 Amazing Article written …
