When things could not get any worse – Atlanta Fed dropped their estimate of GDP to -2.1% from -1% day prior and +0.3% beginning of the week. I.e. Recession – here we come!
by BoatSurfer600 Two consecutive negative GDP print is a recession
by BoatSurfer600 Two consecutive negative GDP print is a recession
If the government calculated price increases the same way it did in the 1980s, we’d ALREADY be in Jimmy Carter territory, write former restaurant empire CEO ANDY PUZDER and ex-senator JIM TALENT Andy Puzder is a former CEO of …
by Chris Black Maybe there is a God after all and he’s listening to my prayers: Dr. Fauci reveals 'COVID rebound' after Pfizer's Paxlovid treatment https://t.co/hE3n6wpAKl pic.twitter.com/QgZTtyeykq — New York Post (@nypost) June 30, 2022 Why is he attacking his …
by Chris Black If you think he sucks now, just wait until he hits lame duck status after losing control of Congress in November and after we plunge into a recession and after Ukraine’s spectacular collapse, as this doddering old …
by Chris Martenson of Peak Prosperity What is going on with the drought in the Southwest? FULL SHOW NOTES AND LINKS HERE
CNN senior data reporter Harry Enten said Tuesday night on CNN that President Biden was doing worse than Jimmy Carter on inflation and that American people were “holding him responsible.” Host Anderson Cooper asked Enten about inflation and how bad …
by notausername86 Yesterday I went to pick up a couple of things to make for dinner, from a major national chain store. This store, is known for its “USDA prime beef” and they advertise it, all over the place. It’s their …
Midwest power & energy situation is bad and getting worse. Power costs up 300% from last June as officials weren't ready for a spike in power demand. Utility bills may go up 50%. Yes, 50% A quick post here .. …
https://twitter.com/FrankieSnape/status/1536350463989366784 https://video.twimg.com/ext_tw_video/1536350386889625600/pu/vid/576×1024/D9iPMx5mM1GVO8rY.mp4?tag=12 https://twitter.com/FrankieSnape/status/1536353009831227392 h/t dr0id
by: Stefan Gleason Friday’s Consumer Price Index Report sent shockwaves through financial markets. The 8.6% annual reading was yet another new multi-decade high – dealing a body blow to analysts who believed inflation pressures had peaked. Investors now fear the …
by SilverBoatSurfe
Scientists have long predicted a giant 9.0-magnitude earthquake that reverberates out from the Pacific north-west’s Cascadia fault and quickly triggers colossal waves barreling to shore. But what if these predictions were missing an important piece of information – one that, …
New York City billionaire and oil refiner John Catsimatidis said President Biden should “open up the spigots” as Americans feel the wrath of soaring costs at the pump and in the food store. Reacting to the national average price of …
Average Fuel Price By State (source AAA)
NOW: https://twitter.com/Breaking911/status/1532097085981474818 Jamie Dimon sounds the alarm… $175 oil is coming… There are two main factors that has Dimon worried: So-called quantitative tightening, or QT, is scheduled to begin this month and will ramp up to $95 billion a month …
by Skilver21 German Inflation Hits 60-Year-High, ‘Worse To Come’, Says Allianz(German sheeple, having learned nothing from the Weimar Republic hyperinflation, keep electing globalist stooges who are craven toadies to the banksters and oligarchs. File this under “reaping what you voted.”) …
by Michael Are you ready for what is coming next? Are you ready to pay six dollars for a gallon of gasoline? Are you ready to pay much higher prices for everything at our major stores as the price of …
It’s about to go from bad to worse. Buckle up. #recession #LetsGoBrandon pic.twitter.com/YxHbDib7Fo — Misty Clance ❤️👨👩👧 (@mistclance) May 19, 2022 Growth will slow more pic.twitter.com/WznaihTjxd — Win Smart, CFA (@WinfieldSmart) May 26, 2022 As the market goes lower, gamblers …
by confoundedinterest17 Today’s US Real GDP was worse than economists expected. US Real GDP Annualized QoQ printed at -1.5%. And GDP prices QoQ printed at 8.1%, also higher than expected. At least Personal Consumption printed higher than expected at 3.1%. Import …
😟 “Why is this outbreak worse than past outbreaks?” pic.twitter.com/yMoP1DSqpx — Dr Frensor (@drfrensor) May 22, 2022
by BoatSurfer600 Some tech and social media companies have announced hiring freezes, including Facebook and Twitter.
On Wednesday Gates spoke at The Wall Street Journal’s CEO Council Summit and was asked about Musk’s potential impact on Twitter following his acquisition Gates said that while Musk has a good track record, he could make the misinformation on …
by TheGriftee My family works in the real-estate industry in Florida. The housing market is plateauing and crashing now. It is being talked about within the offices but they know what is coming and some are selling their houses to …
https://twitter.com/leadlagreport/status/1523812060500480000 June, a newborn mother, is “panicking” over the possibility of looking for baby formula. “There’s like no formula available.” pic.twitter.com/vZTlpv4tCe — RNC Research (@RNCResearch) May 10, 2022 This newborn mother says she had to go to “three different stores” …
by Michael If you think that things are bad now, just wait until we get into the second half of this year. Global food supplies have already gotten very tight, but it is the food that won’t be produced during this current …
The #recession that we are already in will be much worse than the Great Recession that followed the 2008 Financial Crisis. In addition to double digit #inflation the economy will be hit by mass layoffs as reduced consumer spending forces …
Just remember a boogeyman halfway across the world isn’t causing inflation. It’s central banks and governments spending like drunk pigs. A 90% failure rate is not good odds LOL — Financelot (@FinanceLancelot) May 4, 2022 There is now a 99.6% …
BY SCHIFFGOLD The Bureau of Economic Analysis released the Personal Income and Outlays data for March last week. Incomes and consumer spending were both up. The data had mainstream analysts crowing about a strong economy and good news for American consumers. But …