TOPICS AND TIMESTAMPS:

This Is It 0:00

Central Banks What? 0:24

Inflationary Recession 1:25

Food Shortage 5:01

Major Flip Flop 7:55

You Should Know These 10:20

Bank of England on Twitter: "The Monetary Policy Committee voted by a majority of 6-3 to increase #BankRate to 1.25%. https://t.co/31MpeWiCKR https://t.co/LyByVYJ8iw" / Twitter

https://twitter.com/bankofengland/status/1537390022814466048?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1537390022814466048%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fwww.zerohedge.com%2Fmarkets%2Fpound-tumbles-after-bank-england-hikes-25bps-split-decision-drops-guidance-future-rate

SNB Raises Interest Rate from a Record Low - Bloomberg

https://www.bloomberg.com/news/articles/2022-06-16/snb-unexpectedly-raises-interest-rate-from-a-record-low

Wall Street Sounds a Louder Recession Call After Fed Rate Hike

https://finance.yahoo.com/news/wall-street-sounds-louder-recession-213251562.html

Consumer Spending Is Running Out Of Steam and the Market Isn’t Ready For It

https://finance.yahoo.com/news/consumer-spending-running-steam-market-140417695.html

36% of high earners are living paycheck to paycheck

https://www.cnbc.com/2022/06/16/more-high-earners-are-living-paycheck-to-paycheck.html

Stock market's fall has wiped out $3 trillion in retirement savings this year - CBS News

https://www.cbsnews.com/news/stocks-drop-retirement-savings-401k-ira-3-trillion-2022/

2022-06-16_05-35-51.jpg (1002×583)

https://cms.zerohedge.com/s3/files/inline-images/2022-06-16_05-35-51.jpg?itok=72MvzKN4

2022-06-16_05-32-58.jpg (1003×589)

https://cms.zerohedge.com/s3/files/inline-images/2022-06-16_05-32-58.jpg?itok=FoRATtqN

From Great Resignation to Forced Resignation: Tech companies are shifting to layoffs after a huge ramp up in hiring - MarketWatch

https://www.marketwatch.com/story/from-great-resignation-to-forced-resignation-tech-companies-are-shifting-to-layoffs-after-a-huge-ramp-up-in-hiring-11655308264

Monthly costs to finance new, used vehicles hit record high

https://www.cnbc.com/2022/06/16/monthly-costs-to-finance-new-used-vehicles-hit-record-high.html

Pennsylvania farmers getting crushed by record diesel fuel prices, lawmakers told

https://www.mcall.com/news/pennsylvania/capitol-ideas/mc-nws-pa-hearing-inflation-farmers-20220614-d664grvihnfilakimt4wvcy6e4-story.html

Samsung temporarily reduces procurement amid inventory pressure - Nikkei Asia

https://asia.nikkei.com/Spotlight/Supply-Chain/Samsung-temporarily-reduces-procurement-amid-inventory-pressure?utm_campaign=GL_one_time&utm_medium=email&utm_source=NA_newsletter&utm_content=article_link&del_type=3&pub_date=20220616161000&seq_num=2&si=79447

China's holdings of U.S. Treasuries skid to 12-year low; Japan also cuts holdings

https://finance.yahoo.com/news/chinas-holdings-u-treasuries-skid-215852789.html

A Billionaire Bought a Florida Home for $94.2 Million Last Year. Now He’s Selling It for Around $175 Million. - WSJ

https://www.wsj.com/articles/a-billionaire-bought-a-florida-home-for-94-2-million-last-year-now-hes-sellin