· Treasury yields surge. · Fed forgets about inflation averaging. · Households take on all time record debt. · Nominal wages are going up, but
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· U.S. goes into recession; Biden and Fed deny it. · Media goes along with redefining recession. · The Inflation Reduction Act will increase inflation.
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· Investors resorted to indiscriminate selling amidst today’s carnage. · The Fed can’t do the impossible. · Housing foreclosures will go through the roof. ·
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· Stock market gets clobbered. · Crypto market gets clobbered. · Markets still closer to the top than the bottom. · Productivity sees biggest drop
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· Fed raises benchmark interest rates higher than it has in 20 years. · Lyft stock hits 52 week low. · Jerome Powell admires Paul
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· NASDAQ has worst first 4 months since 1971. · S&P has worst first 4 months since 1939. · FANG stocks enter bear market. ·
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· Mortgage are rates too high for anyone to refinance for better rates. · Markets rally on horrific economic news. · Russia ranks higher than
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· Elon Musk buys Twitter. · NASDAQ has weakest day since September of 2020. · Indonesia bans palm oil exports. · Bad politics are good
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· Jerome Powell triggers market selloff after IMF roundtable comments. · Higher inflation is lowering the minimum wage’s barrier of entry. · Bill Ackman loses
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· Netflix loses subscribers. · Incomes are collapsing at an unprecedented rate. · We’re probably in a bear market that will last at least a
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