· Dow and S&P see biggest drop since the pandemic. · #Walmart was the jab. #Target was the knockout punch. · Swiss Franc and Japanese
Peter Schiff discusses how this #recession has already begun and it will be worse than the ones. The middle class and poor will suffer the
· Americans are spending more, but buying less. · Jeff Bezos calls out Joe Biden. · Businesses are absorbing costs, not gouging prices. · Ben
· More downside to go as investors panic buy stocks. · Robinhood will ultimately go bankrupt. · Jerome Powell gets reappointed as Fed chair. ·
· Gold and silver remain strong while gold and silver miners continue caving. · Lisa Cook was not the most qualified person for the FOMC.
· Investors resorted to indiscriminate selling amidst today’s carnage. · The Fed can’t do the impossible. · Housing foreclosures will go through the roof. ·
· Stock market gets clobbered. · Crypto market gets clobbered. · Markets still closer to the top than the bottom. · Productivity sees biggest drop
· Fed raises benchmark interest rates higher than it has in 20 years. · Lyft stock hits 52 week low. · Jerome Powell admires Paul
· #NASDAQ has worst first 4 months since 1971. · S&P has worst first 4 months since 1939. · FANG #stocks enter bear market. ·
· Mortgage are rates too high for anyone to refinance for better rates. · Markets rally on horrific economic news. · Russia ranks higher than