Things are looking very ugly, day by day
Rate hike will continue as Jerome has no way out now. 50 basis points is my projection. Experts cannot see any concrete signs that economy is under control, in which they are right.
Wall St banker's narrative are switching from soft landing, to crash landing.
US money supply has shrinked while yield curve remain heavily inverted. Uh ohh.
Congress voted to end emergency allotment. This means millions of Americans will lose $3 Billion a month food stamp benefits.
Debt levels across all segments & categories are at record high.
Layoffs are still on-going and is not stopping.
Stay liquid and conserve ammunition. The bottom is not in yet.
By Sifu Steve @ XeroAcademy
Wall St banker's narrative are switching from soft landing, to crash landing.
US money supply has shrinked while yield curve remain heavily inverted. Uh ohh.
Congress voted to end emergency allotment. This means millions of Americans will lose $3 Billion a month food stamp benefits.
Debt levels across all segments & categories are at record high.
Layoffs are still on-going and is not stopping.
Stay liquid and conserve ammunition. The bottom is not in yet.
By Sifu Steve @ XeroAcademy