Fed Oversight: The Neglected Indicator That Could Trigger an Unforeseen Recession

Sharing is Caring!

The surprise factor in the recent inflationary trend stems from the oversight of crucial indicators like M2, even within institutions like the Federal Reserve.

See also  IMF Director Says CBDCs Could Replace Cash, Increase “Financial Inclusion” [VIDEO]

Walmart Expects to See ‘Deflation’ in the Coming Months

Walmart CEO Doug McMillon expects deflation in the U.S. in the coming months, potentially leading to lower prices for consumers. Despite Walmart’s Q3 profit and sales beat, their stock dropped due to lower-than-expected 2023 guidance. McMillon cited high food prices as a concern but noted declining general merchandise prices could benefit Walmart in the holiday season. The Bentonville, Ark.-based retail giant (WMT) posted net income of $453 million, or 17 cents a share, for the third quarter, after a loss of $1.8 billion, or 66 cents a share, in the year-earlier period.

See also  Rubino: Now for another Great Recession
Views: 193

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.