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The entire burden of the monetary collapse and rate hikes is falling on the shoulders of families and small businesses, while large corporations and governments are virtually unaffected.
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Although the economy looks like its improving and employment remains robust, most American’s feel “poorer” from the combined effects of higher food costs, higher gas prices, and higher borrowing rates.
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Since 1983, a prolonged inverted yield curve of over a year has always spelled a recession in the US.
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AI “chatter” and the SPX are now perfectly correlated. This could mean a new bubble has formed.
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With NASDAQ up for 8 weeks consecutively, a -1.46% pullback last week makes sense.
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