FTX crypto implosion a potential Black Swan event where contagion may impact the financial industry & individual investors in unexpected ways.
It's a global recession & liquidity crisis. Consumer perspective shaped by what’s going on in their own world despite politicos ignoring the chaos.
Fed may want an economic slowdown to blunt inflation by lifting interest rates, but a strong USD, recession, and credit crisis are baked in.
One data point from the Fed’s officialdom confirms the United States is in a technical recession and heading for a potential hard landing.