It’s likely that large chunks of capital are being intermittently sold to eliminate exposure to fallout from Evergrande’s debt default process.
The Fed said everything was under control, but Jay Powell's "softish" recession is as close as it gets to whispering fire in a crowded theater.
Wall Street titans have begun to bark about a global recession. Stock up on nonperishable food and practice the art of baking breads at home.
Inflation surges as Velocity of Money and consumer sentiment are plunging and the Fed's Taper Caper is making a recession inevitable.