The Money GPS

The *BIGGEST* Flip Flop in Years


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TOPICS AND TIMESTAMPS:

Flip 0:00

Bigger Than Big 0:15

Selloff or Buy In? 2:56

Fed Pause Hikes? 5:44

Inventory Madness 8:25

The Top 50 Richest People Have Lost More Than Half a Trillion Dollars This Year - WSJ

https://www.wsj.com/articles/the-top-50-richest-people-have-lost-more-than-half-a-trillion-dollars-this-year-11653323306

Stock Selloff to Intensify as Fresh 10% Plunge Looms, Survey Finds

https://www.yahoo.com/now/stock-selloff-intensify-fresh-10-233000022.html

Guggenheim’s Minerd believes fine art, real estate will outperform stocks, sees bitcoin bottoming at $8,000 - MarketWatch

https://www.marketwatch.com/story/guggenheims-minerd-believes-fine-art-real-estate-will-outperform-stocks-sees-bitcoin-bottoming-at-8-000-11653329958

Fed Rate-Hike Pause in September May ‘Make Sense,’ Raphael Bostic Says - Bloomberg

https://www.bloomberg.com/news/articles/2022-05-23/fed-rate-hike-pause-in-september-may-make-sense-bostic-says?srnd=premium-canada

Corporate Insiders Put Recession Angst Aside to Binge on Their Own Stocks - Bloomberg

https://www.bloomberg.com/news/articles/2022-05-23/insiders-put-recession-angst-aside-to-binge-on-their-own-stocks?srnd=premium-canada

(3) Danielle DiMartino Booth on Twitter: ""Amazon first announced it was going to be laying off 100,000 workers, and we really did get validation of the slowdown with Target, Walmart, Kohl’s saying we’re sitting on way too much inventory, demand is not there." @Quillintel #DiMartinoBooth https://t.co/5swSQRNX55" / Twitter

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The Money GPSBy David Quintieri

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