US - Econ. Slowdown - How deep & long ? 06 (Oct 16 - Jul 22)

[behappyalways]

Shocking Consumer Credit Numbers: Everyone Maxing Out Their Credit Card Ahead Of The Recession
https://www.zerohedge.com/economics/sho ... ecession-0

[winston]

Every Top Polled Business Executive Believes Recession Will Hit Soon: Survey

By Jack Phillips

A recent survey found that top business executives believe a recession will hit the U.S. economy in early 2023 amid high inflation, historically high gas prices, and the Federal Reserve’s shift in monetary policy.

CNBC’s survey revealed that 77 percent of CFOs believe the Dow Jones will drop to about 30,000, or more than 8 percent of Thursday’s current level. That would also be an 18 percent decline from its 2022 high.

Source: Epoch Times

https://www.theepochtimes.com/every-top ... 670LjEo%3D

[behappyalways]

Biden's 'Inflation Tax' Is Costing US Households $433 Per Month
https://www.zerohedge.com/personal-fina ... -433-month

[behappyalways]

通膨罩頂退休金不夠用 銀髮族被迫重返職場｜FOCUS午間新聞 20220615
https://m.youtube.com/watch?v=xVoDABZb4wk

[behappyalways]

Atlanta Fed Slashes Q2 GDP Forecast To Zero Confirming Technical Recession
https://www.zerohedge.com/markets/atlan ... -recession

[winston]

Deutsche Bank now expects 'an earlier and somewhat more severe recession'

by Brian Sozzi

Luzzetti now sees U.S. gross domestic product (GDP) growth coming in at "sub-1%" in the first half of 2023, followed by a -3.1% contraction in the third quarter of 2023 — one quarter earlier.

Source: Yahoo Finance

https://finance.yahoo.com/news/deutsche ... ?.tsrc=372

[behappyalways]

Amid Surging Inflation, Inventory-Swamped Retailers Push Big Discounts
https://www.zerohedge.com/economics/ami ... -discounts

[behappyalways]

拜登擬停徵汽油稅 民眾月省NT270 遭批噱頭政策｜方念華｜FOCUS全球新聞 20220623
https://m.youtube.com/watch?v=VMBqG-22isU

[behappyalways]

The 100-year-old WWII vet cried for those growing up in America today saying, “Nobody will have the opportunity I had. It’s just not the same. That’s not what our boys, that’s not what they died for.”

We're Witnessing A Stunning Breakdown Of Law & Order, And The Overwhelmed Police Seem Powerless To Stop It
https://www.zerohedge.com/personal-fina ... -powerless

[behappyalways]

What is just as remarkable, is that despite one of the biggest drops in job openings on record, the continued tightening in the labor market, there was still a whopping 5.3 million more vacant jobs than unemployed workers in April, nearly double the 5.95 million total unemployed workers), suggesting that the US labor market remains extremely tight - and broken - with the US unofficially sliding into recession.


Job Openings Plunge By Most Since Covid Crash, Remain Stubbornly High: Nearly 2 Openings For Every Unemployed Worker
https://www.zerohedge.com/markets/job-o ... ings-every