The chief investment officer at the world’s biggest hedge fund says we’re headed for a recession that’s ‘double the normal length’

“We’d expect kind of double the normal length of a recession because the Fed’s not going to be at your back for a long time, and that’s a big deal,” Jensen told Bloomberg on Friday. https://fortune.com/2022/12/16/how-bad-recession-double-normal-length-china-bridgewater-associates-cio/amp/ The Bridgewater co-CIO said …

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Sounds Like A Worldwide Recession To Me

by BoatSurfer600 Retail sales fell by 5.9% in November from a year ago, worse than expectations for a decline of 3.7%, according to analysts polled by Reuters. Industrial production grew by 2.2% in November from a year ago, missing Reuters’ …

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US seizes 55 websites for illegally live-streaming World Cup

Fifty-five websites have been seized for illegally live-streaming matches from the World Cup in Qatar, the US Justice Department said Monday. The websites were shut down after a FIFA representative identified sites being used to distribute copyright-infringing content https://sports.yahoo.com/us-seizes-55-websites-illegally-200533446.html

World Bank Chief is worried about a disorderly default process… the world’s largest institutional landlord – is telling investors it has a massive liquidity problem… M2 declines

World Bank Chief says he is worried about a disorderly default process. He is right pic.twitter.com/YzGkZ7gADe — Alessio (@AlessioTMAD) December 2, 2022 this is very big – Blackstone, the world's largest institutional landlord – is telling investors it has a …

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