The Money GPS

Recession and Food Shortage Now Overshadow Market Crash


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TOPICS AND TIMESTAMPS:

Big Swings 0:00

China Opening Up 0:20

Debt Skyrockets 3:47

Inflation Hedge 7:59

Need To Know 11:35

Stock markets usually react more aggressively and faster to inflation data.

Economy will lag behind and effects will persist.

Shanghai Unveils Economic Support Measures as Lockdowns Ease - Bloomberg

https://www.bloomberg.com/news/articles/2022-05-29/shanghai-unveils-fresh-policies-to-support-economy-hit-by-covid?srnd=premium-canada

Beijing Eases Curbs, Shopping Malls Reopen: Lockdown Tracker - Bloomberg

https://www.bloomberg.com/news/articles/2022-05-30/beijing-eases-curbs-shopping-malls-reopen-lockdown-tracker?srnd=premium-canada

More Russian Oil Than Ever Before Is Heading for China and India - Bloomberg

https://www.bloomberg.com/news/articles/2022-05-26/russia-has-record-oil-volumes-at-sea-as-cargoes-shift-to-asia

Millennial Farmers Can't Afford to Buy US Agricultural Land - Bloomberg

https://www.bloomberg.com/opinion/articles/2022-05-29/millennial-farmers-can-t-afford-to-buy-us-agricultural-land?srnd=premium-canada

Young Americans Shrug as Inflation Drives Up Summer Travel Costs - Bloomberg

https://www.bloomberg.com/news/articles/2022-05-26/young-americans-shrug-as-inflation-drives-up-summer-travel-costs?srnd=premium-canada

2 in 3 adults avoid social events - because they're embarrassed about their financial struggles - Study Finds

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The Money GPSBy David Quintieri

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