IMF worries inflation can’t be stopped… Dallas Fed President Logan expresses concern about sustainable inflation return… US could face a severe recession beyond Powell’s forecast.

IMF worries inflation can't be stopped pic.twitter.com/TE6PwuvYFj

— Peter St Onge, Ph.D. (@profstonge) July 6, 2023

Dallas Fed President Lorie Logan gets right to the point in her speech:

“I remain very concerned about whether inflation will return to target in a sustainable and timely way. And I think more-restrictive monetary policy will be needed to achieve” the Fed’s inflation objective.

— Nick Timiraos (@NickTimiraos) July 6, 2023

The US is headed for a more serious recession than Powell has predicted, Evercore founder, Roger Altman, has said.

— unusual_whales (@unusual_whales) July 5, 2023

'Something Just Snapped': Consumers Panic Search "Pawn Shop Near Me" t.co/Ek3CRdWNqT

— zerohedge (@zerohedge) July 6, 2023

🚩🚩 Samsung profit likely lowest in more than 14 years as chip glut persists

The tech giant will announce its preliminary second-quarter earnings results on Friday, before reporting full earnings later this month.

Full Story → t.co/TTiRqCr98S pic.twitter.com/nmALEcbBLt

— PiQ (@PriapusIQ) July 6, 2023