NATO’s proxy war in Ukraine is an unpredictable wildcard on this poker table that will impact the world economy more so than it already has.
The U.S. stock market is under pressure for a variety of reasons and there’s no Goldilocks factor to be found in the current state of global affairs.
FTX crypto implosion a potential Black Swan event where contagion may impact the financial industry & individual investors in unexpected ways.
Gundlach: “housing prices are doomed and the economy could lose several million jobs... refinancing industry completely dead.”
After unprecedented loose monetary and fiscal policy that coincided with a pandemic, the aftermath and recession is squeezing buyers and sellers.