Fast Moving Incoming Recession . . . .

[furrowtickler]

Consumer electronics and clothing etc are easy auto purchases.:: will be first to see cutbacks… then as restaurants and entertainment looses pandemic social deficits wear off… then watch the recession risk rise exponentially…

Cheers

Tom that’s already happening in 80% of the population.
Food and fuels alone are crushing households as we speak . Trudeau and Soros could not be happier
Ohhh and Uncle Klaus

[furrowtickler]

Ohhhh and don’t forget Butts , remember him ??? Just pumped to push for expeditionary more tax’s on fertilizer and the main driver behind the scenes for the 30 % reduction blitz. Being an ole wild life fanatic

[furrowtickler]

Still hard to fathom how anyone with an acre to farm is willing to give it all away to these *** heads

[errolanderson]

It's called a bear market . . . .

Morgan Stanley comments as of Friday's close:

1. Three consecutive days of greater than -1% losses for the S&P 500 for the first time since April 2020.

2. Second worst week of the year.

3. Dow Jones has now fallen in 10 of 11 weeks -- something it hasn't done since The Great Depression

4. S&P 500 and Nasdaq have been down now in nine of 10 weeks

5. Every sector was lower on the week.

[Taiga]

The rising store inventories seems to be the next signal, people have stopped buying (Target, fert?, now vehicles). Expecting deep discounts to move inventory.

[errolanderson]

Group . . . Incoming recession appears coming in very fast. U.S. consumer sentiment now plummeting. Retail sales stalling. Credit crisis, a watch. Definite risk of layoffs.

[Templeboy]

Home prices have to come down, a 2,000.00 monthly mortgage payment would make payments on a 425,000 house at 3% and 315,000 at 6.5%. It wont take very long for this to sink in, Canada will follow the Fed up, then back down.

Expect farmland to follow, (likely up again this year, then a year of top kicking) after this commodity spike works though the system. Prices can evaporate in the blink of an eye. Quite a few farmers that have kept a wad dry, will pack up and say I'm cashing out, lived though this once in the 80s not again. There is a swath of farmers that never saw the 80s, its gonna hurt.

[errolanderson]

Massive drop in the U.S. dollar (USD) today after the Fed hikes rates 3/4% yesterday . . . .

A lot is happening behind-the-scenes we do not know about. Likely tied to credit issues.

[parsley]

North America screwed its self by relying too much on China. Now we are all paying for the big cooperations profit margins over the past 10-20 years .

Shipping jobs overseas , helping developing countries , ie India , China , Malaysia .... big part of Obama’s dream .
Now what ...... we destroyed industry in North America. It will take years to get that back .
Rather than look after our own citizens who are jobless , homeless and First Nations get decent jobs they gave all that away and maxed out social assistance meanwhile destroying wealth creating industry to pay for it all .
It’s left a mess our kids and grandkids will pay for .
Sad reality hitting home now

An excellent analysis

[parsley]

Still hard to fathom how anyone with an acre to farm is willing to give it all away to these *** heads

25 cents says he’s headed to WEF.