"Recession Triggered"
The Everything Bubble pops as jobs collapse and the dreaded Sahm Rule triggers.
Japan's implosion is icing on the cake.
Morgan and Citi are now predicting a full point of rate cuts in the next 2 meetings — that qualifies as panic in Central Banking.… pic.twitter.com/pPHTDXMDMz
— Peter St Onge, Ph.D. (@profstonge) August 5, 2024
WARNING: Temporary help requirement is collapsing
This typically happens before sharp economic downturns
Buckle up pic.twitter.com/DYCSpIDaCP
— Game of Trades (@GameofTrades_) August 5, 2024
NOW – Market selloff: "We have never been down 1,000+ points ever, not even intraday on the Nasdaq."pic.twitter.com/r64X46VBOJ
— Disclose.tv (@disclosetv) August 5, 2024