by mark000
Ex-Goldman CEO Blankfein says recession possibility is “very high risk factor.”
— unusual_whales (@unusual_whales) May 16, 2022
Ex-Goldman CEO Blankfein says recession possibility is ‘very high risk factor
- Former Goldman Sachs CEO Lloyd Blankfein said he believes the economy is at risk of possibly going into a recession.
- Speaking on “Face the Nation” on CBS, Blankfein said a recession is “a very, very high risk factor.”
- “There’s a path. It’s a narrow path,” said Blankfein, who retired from Goldman Sachs several years ago and now holds the title of senior chairman.
Empire Manufacturing forecasting a steep drop to near 50 in ISM…same as SPX YoY is pricing. Growth is going to slow fast (but its already priced in everything except bonds, which are still worried by inflation) pic.twitter.com/Wkkhc1NkVl
— Raoul Pal (@RaoulGMI) May 16, 2022
The upheaval in global markets spooked US #leveragedloan retail investors last week as mutual funds/ETFs investing in the asset class saw their first redemption – $598M – since March. YTD: +$20B t.co/JSaMoDGrFw pic.twitter.com/I80b8KB1JV
— Leveraged Loans (@lcdnews) May 16, 2022
1) Now that we are in a bear market, the economy will slow down and fall into severe recession, followed by massive layoffs. The Federal Reserve will be slow to react due to high inflation, which will cause prices to fall, including commodities and precious metals.
— HOZ (@MFHoz) May 16, 2022
3) As all assets and commodities get obliterated because of deflation, there will be one last opportunity to buy precious metals discounted before governments worldwide engage in competitive debasing of their currencies and begin hyperinflating the debt away.
— HOZ (@MFHoz) May 16, 2022
Today’s investors believe the bailout was way back in 2008. They are oblivious to the fact that they’ve been bailed out for 14 years straight.
It pays to know when the bailout cycle is ending.
So you’re not left holding the bag.
Bulls, I color coded this to help you: pic.twitter.com/GdytbftiyU
— Mac10 (@SuburbanDrone) May 15, 2022
US junk bond market starts to crack under inflation and supply fears
Powell: Can’t Promise We Avoid Recession
Trending:
- DIESELGEDDON – America’s diesel supply on verge of catastrophic collapse, leading to HALTING of food, fertilizer, coal and energy
- Bidenflation Still Soaring, But Metals Dive -15% Since May 4th (Food UP 61.5% Under Biden, Gasoline UP 86%, Diesel UP 111%, Rents UP 16%)
- The NOPEC Bill Could Send Oil Prices To $300…HERE WE GO!
- Now We Are Being Told To Expect Food And Diesel Shortages For The Foreseeable Future
- Crypto losses now equal $1.7 trillion. The 2007 subprime mortgage market was $1.3 trillion. It’s highly likely that Crypto will be the catalyst for accelerated global collapse.
- AI cameras being deployed across the United States
- A Bizarre Skin Disease Is Mysteriously Spreading In The UK
- Kim Dotcom – What is the end game?
- Sudden rise of unvaccinated children with liver damage, were breastfed (by fully vaccinated mothers)
- Investors are selling stocks, bonds, gold and silver like its 2008
Views: 7