TOPICS AND TIMESTAMPS:

Hide It’s Coming 0:00

COST OF LIVING 0:50

EASY MONEY GONE 5:21

ECONOMY DOWN 12:45

Gas prices reach record highs in Orange and Los Angeles counties - CBS News

https://www.cbsnews.com/news/gas-price-orange-county-los-angeles-county-record-high/

Facebook, other technology stocks hit hard in Wall Street reckoning - The Washington Post

https://www.washingtonpost.com/business/2022/02/05/facebook-meta-technology-stocks/

Column: U.S. gas diplomacy won't avert price spike if Russian supplies interrupted | Reuters

https://www.reuters.com/business/energy/us-gas-diplomacy-wont-avert-price-spike-if-russian-supplies-interrupted-kemp-2022-02-03/

(1) Ed Conway on Twitter: "🚨NEW 🚨 Bank of England says UK households must brace themselves for the biggest annual fall in their standard of living since comparable records began three decades ago, as it: - Raises interest rates to 0.5% - Says inflation will surpass 7% - Slashes GDP forecast" / Twitter

https://twitter.com/EdConwaySky/status/1489208574962249738?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1489208574962249738%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fwww.zerohedge.com%2Fpolitical%2Fbrits-told-reduce-living-standards-govt-spends-millions-day-housing-refugees-hotels

Goodbye Easy Money as Hawkish Central Banks Speed Up Rate Hikes - Bloomberg

https://www.bloomberg.com/news/articles/2022-02-05/goodbye-easy-money-as-hawkish-central-banks-speed-up-rate-hikes

What the ‘men’s underwear index’ says about the state of the economy

https://www.smh.com.au/national/what-the-men-s-underwear-index-says-about-the-state-of-the-economy-20210924-p58uez.html

Adults Back in Charge of Stock Market as Fed Awakens Big Money - Bloomberg

https://www.bloomberg.com/news/articles/2022-02-05/adults-back-in-charge-of-stock-market-as-fed-awakens-big-money

ISm new orders boFA.jpg (572×409)

https://cms.zerohedge.com/s3/files/inline-images/ISm%20new%20orders%20boFA.jpg?itok=LbTODXeL

global EPS model collapse.jpg (573×360)

https://cms.zerohedge.com/s3/files/inline-images/global%20EPS%20model%20collapse.jpg?itok=C-8qxQ9e