by Chris Black
Schizos took over the Wall Street Journal and they’re using it to spread their kook conspiracies.
This shit is deep.
US on brink of recession – WSJ t.co/pqfr5wQJTU
— The Press United (@ThePressUnited) October 17, 2022
Largest S&P 500 decline in history prior to a recession starting!
What's priced in?
Everything, including Grandma getting run over by a raindeer before the holiday season even begins.
h/t @LeutholdGroup $SPX $SPY $NYA $QQQ $DIA pic.twitter.com/34cYPawA4F
— Seth Golden (@SethCL) October 17, 2022
“Paul Marshall, co-founder of $62 billion investment firm Marshall Wace, said central banks had created the perfect environment for “mal-investment’ by artificially holding interest rates low for years…”
Source: t.co/eqU2Dz1qhu
— Gold Telegraph ⚡ (@GoldTelegraph_) October 17, 2022
Roubini Warns the Next Decade Could Bring ‘Massive Insolvencies and Cascading Financial Crises’
The economist warned in 2006 that the U.S. housing bust would cause a financial crisis. Now he has a new economic doomsday prediction. And it isn’t pretty.
Home Asking Prices Tumble at Record Pace As Mortgage Rates Surge: Data
Steep mortgages are “pushing homebuyer sentiment down near its all-time low,” an economist said.
Guardians of World Economy Told to ‘Buckle Up’ as Outlook Dims
After a week hosting the International Monetary Fund’s annual gathering of economic leaders, Managing Director Kristalina Georgieva summed it up for the 190 member countries: “Buckle up, and keep going.”As the talks ended in Washington on Saturday, finance ministers and central bankers seeking to sustain the world economy’s shaky recovery from the pandemic worried…