Thinking Long & Short: An Investment Professionals Podcast

Stocks Get Clobbered As Investors Start to Accept Recession Reality But Remain Complacent on Future Inflation - EP 72


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- US stocks post massive weekly decline on recession fears and higher inflation data

- FedEx posts 33% miss on earnings, CEO warns of global recession as company lays off 34,500 employees

- All economic data is showing stagflation across the global economy as recession gets worse with rising inflation pressures

- Investors still remain complacent to how high interest rates will rise, bonds/stocks/houses still remain completely overpriced (30-40%)

- Prices are 15.4% higher in past 27 months as measured by CPI, despite the government's effort to conceal the real housing market inflation

- Mortgage rates have increased the cost of home ownership by 42%

- Foreign investors are showing less buying demand in US Treasuries and US stocks, leading to higher bond yields despite the Fed's reluctance to sell its bond holdings

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Thinking Long & Short: An Investment Professionals PodcastBy True North International Partners, LLP