The Money GPS

Inflationary 1970’s Recession? No…


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TOPICS AND TIMESTAMPS:

Slower Than Slow 0:00

Layoffs 0:14

Real Estate Slowdown 1:30

Economic Stagnation 4:05

China Lockdown Effect 8:22

Coinbase lays off 18% as execs prepare for recession, 'crypto winter'

https://www.cnbc.com/2022/06/14/coinbase-lays-off-18percent-as-execs-prepare-for-recession-crypto-winter.html

Real estate firms Compass and Redfin announce layoffs as housing market slows

https://www.cnbc.com/2022/06/14/real-estate-firms-compass-and-redfin-announce-layoffs-as-housing-market-slows.html

Warner Bros Discovery to Cut Nearly 1,000 Ad Sales Jobs - Source | Technology News | US News

https://www.usnews.com/news/technology/articles/2022-06-14/warner-bros-discovery-to-cut-as-much-as-30-of-global-sales-jobs-the-information

Market Rout Evokes Memories of Trading Before Lehman Blowup

https://finance.yahoo.com/news/huge-market-rout-evokes-memories-002000693.html

30-year mortgage rate surges to 6.28%, up from 5.5% just a week ago

https://www.cnbc.com/2022/06/14/30-year-mortgage-rate-surges-to-6point28percent-up-from-5point5percent-just-a-week-ago.html

Property Values Fall Across US, Europe on Bite From Inflation - Bloomberg

https://www.bloomberg.com/news/articles/2022-06-13/inflation-triggers-drop-in-property-values-across-us-europe

Top Steelmaker Halts Output as South Korea's Trucker Strike Roils Supply Chains - Bloomberg

https://www.bloomberg.com/news/articles/2022-06-13/top-steelmaker-in-south-korea-halts-production-on-trucker-strike

Another Blow to the US Food Market: Fire Breaks Out at a Food Processing Plant West of Waupaca County in Wisconsin

https://www.thegatewaypundit.com/2022/06/another-blow-us-food-market-fire-breaks-food-processing-plant-west-waupaca-county-wisconsin/?utm_source=add2any&utm_medium=PostBottomSharingButtons&utm_campaign=websitesharingbuttons

Russia becomes India's second-biggest oil exporter, trade sources - Hindustan Times

https://www.hindustantimes.com/business/russia-becomes-india-s-second-biggest-oil-exporter-trade-sources-101655125585379.html

Ford CFO: Auto loan delinquencies on the rise | Automotive News

https://www.autonews.com/finance-insurance/ford-cfo-auto-loan-delinquencies-rise

U.S. Retail Sales Declined 0.3% in May - WSJ

https://www.wsj.com/articles/us-economy-retail-sales-may-2022-11655238895

China's May refinery output posts steepest annual fall in over a decade | Reuters

https://www.reuters.com/article/china-economy-output-oil/chinas-may-refinery-output-posts-steepest-annual-fall-in-over-a-decade-idUSKBN2NW06U

2022-06-15_13-42-10.jpg (1004×585)

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2022-06-14_19-22-17_0.jpg (1006×587)

https://cms.zerohedge.com/s3/files/inline-images/2022-06-14_19-22-17_0.jpg?itok=_VeaVT4_

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The Money GPSBy David Quintieri

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