Yep, given the extent of tightening, the important thing query is, how drastic will the recession be? One purpose to counsel it will likely be greater than in any other case is that the Fed focuses on lagging, relatively than main indicators.t.co/zW4tx7IOYK
— Steven Anastasiou (@steveanastasiou) December 19, 2022
Almost 70% of Individuals struggling to pay grocery payments, per Fox Enterprise Information.
— unusual_whales (@unusual_whales) December 18, 2022
Federal Reserve financial institution admits BLS job numbers had been overstated by 1 million throughout 2022. 🚨
Now that the election is over, revisions will repair the info in future months. 🤡 😂 pic.twitter.com/zq8DluAY50
— Wall Road Silver (@WallStreetSilv) December 18, 2022
One third of Individuals are pondering of skipping vacation presents altogether this yr, as a result of inflation, per Bloomberg.
— unusual_whales (@unusual_whales) December 19, 2022
-Individuals are frightened a few recession.
-Retail gross sales have dropped.
-Financial savings accounts are getting used up.
-All proper earlier than Christmas.
Joe Biden’s America.
— Rep. Jim Jordan (@Jim_Jordan) December 18, 2022
Morgan Stanley’s Wilson Says US Revenue Drop May Rival 2008 Period
— Win Sensible, CFA (@WinfieldSmart) December 19, 2022
US NAHB Housing Market Index Dec: 31 (est 34; prev 33)
— LiveSquawk (@LiveSquawk) December 19, 2022
CNBC: Roughly 1 in 3 employees is frightened a few layoff