US economy sharply contracts, market moves higher; FOMO not recommended.

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“Despite US economic activity sharply contracting, the market has been moving higher

This is not the time to FOMO”

“The labor market has begun weakening

Jobless claims has been trending higher

Similar to instances that preceded recessions”

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

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Bidenomics! US Factory Orders Decline YoY For First Time Since Oct 2020 As Fed Retreats (Economy Is Slip, Slidin’ Away!)

The closer we get to the 2024 Presidential election, the more the economy is slip slidin’ away.

As Powell and The Gang raise interest rates, the more the economy is … slip slidin’ away. US Manufacturers New Orders YoY in May declined -1.0% for the first time since Covid.

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