Notably, the 1937 bear market was accompanied by a recession that resulted from ‘a contraction within the cash provide attributable to Federal Reserve and Treasury Division insurance policies’. t.co/ixXqWBaJMY
— joe francis (@joefrancis505) June 17, 2022
Did they break something whereas they did so? Hell yeah! pic.twitter.com/y54kwH5UJj
— joe francis (@joefrancis505) June 17, 2022
Inflation is uncontrolled pic.twitter.com/jOA1ApcBvH
— Jesse Cohen (@JesseCohenInv) June 10, 2022
Client Spending Is Operating Out Of Steam and the Market Isn’t Prepared For It
Bank card knowledge present that spending in Might was simply 10% larger from the identical month final yr, in line with a Barclays report this week. For the remainder of 2021, that month-to-month spending progress has averaged extra like 20%.
That slowing progress, mixed with weakening dwelling gross sales and declines in wage progress, would imply that financial tightening is already hitting the economic system laborious. The Fed might be able to tighten much less aggressively in July, in line with Barclays, which is forecasting only a half share level charge hike subsequent month. Charges markets point out a powerful likelihood of a three-quarter share level hike.
The inventory and company bond markets don’t mirror the chance of a weakening shopper, wrote Barclays strategists together with Ajay Rajadhyaksha, Ryan Preclaw, and Hale Holden, in a separate Tuesday be aware. The slowing progress of shopper spending underscores how tough the Fed’s job is now because it appears to be like to comprise inflation that’s working at a four-decade excessive, whereas making an attempt to keep away from tipping the economic system into recession.
To place issues in historic perspective, we’re within the blue line up to now 👇 chart @petergarnry pic.twitter.com/y2IHRm51Vl
— Michael A. Arouet (@MichaelAArouet) June 16, 2022
We’re nonetheless simply getting began – Month-to-month S&P pic.twitter.com/IL5rJ5jp3R
— Wall Road Silver (@WallStreetSilv) June 17, 2022
China shopper confidence plunged most ever since 1992, nearly fell by the chart. But industrial output resilient. They was once extremely correlated. Odd.
中国消费者信心暴跌程度30年历史之最，快跌穿图底了。但工业产出却坚韧超预期。这些曾是高度相关的数据。为什么？ pic.twitter.com/xDcCVdNaOL
— Hao HONG 洪灝, CFA (@HAOHONG_CFA) June 17, 2022
Angela Rayner is seen on the entrance of the march as 1000’s of demonstrators cross Downing Road. With inflation spiralling uncontrolled the Trades Union Council organised the #protest to lift consciousness in regards to the #CostOfLivingCrisis. #London, UK June 18th, 2022 @pplsassembly pic.twitter.com/qdkMH4Q4mg
— Andy Barton (@Andybartonphoto) June 18, 2022
Tremendous inflation!
World pandemic that they worry pumped!
Conflict & rumors of wars!
meals skying in worth!
Water disappearing everywhere in the world!
This might be the beginning of the nice tribulation!
Debt load uncontrolled private and governments!
Verify your fuel costs thank fraud Biden.— ⚡️Samuel ⚡️John ⚡️Thunder (@Sammieheals) June 10, 2022
Probably the most leveraged, most speculative gamers out there are sitting on huge losses.
Finest guess is the smallest choices merchants have taken $600 million+ in losses since Thanksgiving. pic.twitter.com/n4R9j9nNF9
— Jason Goepfert (@jasongoepfert) June 18, 2022
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