How close we are to a market crash?

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Walmart CEO Warns Americans Will Freak Out This Winter As Prices Continue to Soar; Goldman Warns of a Consumer Crisis

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For 7th Straight Month US Manufacturing Production Lower YoY

September’s US industrial and manufacturing data revealed alarming discrepancies: – Industrial Production: Grew a mere 0.3% MoM (SA), but alarmingly plunged 1.7% MoM (NSA). – Manufacturing Output: Barely rose by 0.35% MoM (SA), while it worryingly declined 0.5% MoM (NSA). These figures suggest that seasonal adjustments are masking the true state of the economy under the Biden administration. With manufacturing production consistently lower year-over-year for seven months and the auto production plummeting by 6.2% MoM, looming challenges are evident, exacerbated by anticipated UAW strikes.

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