The Money GPS

TOPICS AND TIMESTAMPS: Hmmm 0:00 Starting To Crack 0:15 The One Commodity 4:26 Domino Effect 5:55 China Inflation 11:10 Unemployment is at 3.6% so you would think the economy is healthy? Well what if I told you the real jobs data show it has begun to crack? The One Commodity That Won’t Stop Soaring | OilPrice.com https://oilprice.com/Energy/Energy-General/The-One-Commodity-That-Wont-Stop-Soaring.html Commodities Slump Is Set to Give India Relief From Inflation - Bloomberg https://www.bloomberg.com/news/articles/2022-07-09/commodities-slump-is-set-to-give-india-relief-from-inflation?srnd=premium-canada Why Developing Countries Are Facing a Debt Default Crisis - Bloomberg https://www.bloomberg.com/news/articles/2022-07-07/why-developing-countries-are-facing-a-debt-default-crisis?srnd=premium-canada Buy Now, Pay Later for NFTs: Bored Ape Yacht Club Buyers Can Now Use BNPL - Bloomberg https://www.bloomberg.com/news/articles/2022-07-08/buy-now-pay-later-for-nfts-bored-ape-yacht-club-buyers-can-now-use-bnpl?srnd=premium-canada Freshii’s ‘virtual cashiers’ make $3.75 an hour and have been called ‘outrageous’ — now the chain’s founder wants to go global | The Star https://www.thestar.com/business/2022/07/08/percy-the-virtual-cashier-founders-shrug-off-critics-and-plan-to-grow-start-up-into-a-multinational-company.html?utm_source=Twitter&utm_medium=SocialMedia&utm_campaign=Business&utm_content=freshiicashier&utm_source=twitter&source=torontostar&utm_medium=SocialMedia&utm_campaign=&utm_campaign_id=&utm_content= China’s Consumer Inflation Hits Two-Year High on Pork Rally - Bloomberg https://www.bloomberg.com/news/articles/2022-07-09/china-s-consumer-inflation-hits-two-year-high-on-pork-rally?srnd=premium-canada China's passenger vehicles see robust June retail sales -Xinhua https://english.news.cn/20220706/2577ddd811354753903a73b86171fb34/c.html 2022-07-08_05-32-22.jpg (1054×663) https://cms.zerohedge.com/s3/files/inline-images/2022-07-08_05-32-22.jpg?itok=S9qBIl6R Germany’s largest landlord to restrict heating at night https://www.thelocal.de/20220707/germanys-largest-landlord-to-restrict-heating-at-night/ unexplained jobs differential.jpg (925×566) https://cms.zerohedge.com/s3/files/inline-images/unexplained%20jobs%20differential.jpg?itok=tTefl-CB multiple jobs.jpg (1268×643)

TOPICS AND TIMESTAMPS: The Fall 0:00 Oil Sent Overseas 0:18 Biggest Impact on Poor 5:45 Fed Balance Sheet Shrinking 9:31 Ok, so hear me out: inflation that we’re seeing today is actually being made worse, and it’s hitting lower income people the hardest. Want to know why? Here’s Where Car Payments Cost More Than Rent in the US - Bloomberg https://www.bloomberg.com/news/articles/2022-07-06/here-s-where-car-payments-cost-more-than-rent-in-the-us?srnd=premium Dollar continues dream run, little stands in its way https://finance.yahoo.com/news/dollar-continues-dream-run-little-004030866.html Fed’s Waller Backs 75 Basis-Point Interest Rate Hike, Dismisses Recession Fears - Bloomberg https://www.bloomberg.com/news/articles/2022-07-07/fed-s-waller-backs-75-basis-point-hike-at-meeting-this-month?srnd=premium Fed Hawks Back 75 Basis-Point July Hike, Still See Soft Landing https://finance.yahoo.com/news/fed-waller-backs-75-basis-172823965.html Oil from U.S. reserves sent overseas as gasoline prices stay high | Reuters https://www.reuters.com/business/energy/oil-us-reserves-head-overseas-gasoline-prices-stay-high-2022-07-05/ Copper’s Slide Signals Mounting Recession Concern - WSJ https://www.wsj.com/articles/coppers-slide-signals-mounting-recession-concern-11657162793 US Recession Is Already Here, Wells Fargo Investment Institute Says - Bloomberg https://www.bloomberg.com/news/articles/2022-07-07/us-recession-is-here-according-to-wells-fargo-investment-group?srnd=premium Bloomberg - Bloomberg https://www.bloomberg.com/ High Power Costs Force US Industrials, Factories to Shut - Bloomberg https://www.bloomberg.com/news/articles/2022-07-07/high-power-costs-force-us-industrials-factories-to-shut?srnd=premium Assets: Total Assets: Total Assets (Less Eliminations from Consolidation): Wednesday Level (WALCL) | FRED | St. Louis Fed https://fred.stlouisfed.org/series/WALCL US Pandemic Checks Had No Lasting Impact on Poor, Study Shows - Bloomberg

TOPICS AND TIMESTAMPS: Slowdown 0:00 Eyes On the Fed 0:16 Economy Halting 4:19 Don’t Buy the Dip 8:31 What To Watch For 10:52 This is not a simple slowdown, this will be much more difficult. If you recognize the patterns in what I will show you today, you will be able to navigate and hopefully prosper. Sound good? Fed minutes June 2022 https://www.cnbc.com/2022/07/06/fed-minutes-june-2022.html https://bucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com/public/images/19dafc17-c851-45f1-b783-e41d8ca1e7c9_1000x477.jpeg (1000×477) https://substackcdn.com/image/fetch/f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F19dafc17-c851-45f1-b783-e41d8ca1e7c9_1000x477.jpeg recessions more frequent.jpg (721×426) https://cms.zerohedge.com/s3/files/inline-images/recessions%20more%20frequent.jpg?itok=pLdSd7OP private sector capital flows.jpg (1066×1000) https://cms.zerohedge.com/s3/files/inline-images/private%20sector%20capital%20flows.jpg?itok=fBGs9m2z Online Ad Slump Won’t Be a Blip for Google, Facebook, Others - WSJ https://www.wsj.com/articles/online-ad-slump-wont-be-a-blip-for-google-facebook-others-11657105381 Supermarkets put security tags on cheese blocks as stores tackle shoplifting amid soaring food costs https://www.msn.com/en-gb/news/uknews/supermarkets-put-security-tags-on-cheese-blocks-as-stores-tackle-shoplifting-amid-soaring-food-costs/ar-AAZeau2 Are widespread layoffs coming? How the pandemic has changed employers' recession strategy https://news.yahoo.com/widespread-layoffs-coming-pandemic-changed-120031683.html 2022-07-06_07-02-02.jpg (896×651) https://cms.zerohedge.com/s3/files/inline-images/2022-07-06_07-02-02.jpg?itok=3bqm6JXs UK new car sales: weakest June since 1996 | Auto Express https://www.autoexpress.co.uk/news/105893/uk-new-car-sales-weakest-june-1996 (1) Tom Hearden on Twitter: "$1 invested in $GE in Q4 1994 is worth $1 today https://t.co/OiJq02mghV" / Twitter https://twitter.com/followtheh/status/1544744863727591425 Petar Momchev on Twitter: "Druckenmiller: "I never use valuation to time the market. I use liquidity considerations and technical analysis for timing. Valuation only tells me how far the market can go once a catalyst enters the picture to change the market direction."" / Twitter https://twitter.com/momchev12/status/1544663585661616134?s=21&t=YodzU7XdulG7RnhrjvEXWQ Macau locks down landmark Lisboa hotel after COVID cases found | Reuters https://www.reuters.com/world/china/macau-locks-down-landmark-lisboa-hotel-after-covid-cases-found-2022-07-06/ Nothing on Horizon to Rival Dollar’s Status, Fed Study Finds https://finance.yahoo.com/news/nothing-horizon-rival-dollar-status-131852935.html Consumers Say 2022 Is the Worst Economy Ever - WSJ https://www.wsj.com/articles/consumers-say-2022-is-the-worst-economy-ever-11657103575 Are U.S. Gasoline Refiners Running Out Of Steam? | OilPrice.com https://oilprice.com/Energy/Crude-Oil/Are-US-Gasoline-Refiners-Running-Out-Of-Steam.html Europe Forced To Pay Even Higher Prices To Fill Gas Storage | ZeroHedge https://www.zerohedge.com/commodities/europe-forced-pay-even-higher-prices-fill-gas-storage BW-STATES_Sp22.jpg (1152×1548)

TOPICS AND TIMESTAMPS: Recession 0:00 Falling Currencies 0:20 Oil Tumbles 3:35 Recession Deflation 8:06 Weak Economy 12:12 Solutions 14:32 -The Money GPS Main Point, Nutshell -If you stick with me through this whole video I will show you why this recession could be more brutal, and longer than any you have lived through. Then I will tell you steps you can take to mitigate the problems. -Fed hiking into a recession. Employment looking good. Room to move -Holding more cash than appropriate particularly if in non USA. Trim losers on bounces. Invest in yourself right now, knowledge, preparation. Euro slides to 20-year low against the dollar as recession fears build https://www.cnbc.com/2022/07/05/euro-slides-to-20-year-low-against-the-dollar-as-recession-fears-build.html US Recession Fear Puts Dollar on Course for Biggest Gain Since 2020 - Bloomberg https://www.bloomberg.com/news/articles/2022-07-05/recession-fear-puts-dollar-on-course-for-biggest-gain-since-2020?srnd=premium-canada 2022-07-05_08-02-12.jpg (917×623) https://cms.zerohedge.com/s3/files/inline-images/2022-07-05_08-02-12.jpg?itok=kS1Z3wHZ EURUSD 2022-07-05_7-34-14.jpg (1273×665) https://cms.zerohedge.com/s3/files/inline-images/EURUSD%202022-07-05_7-34-14.jpg?itok=_snp7U8d Oil tumbles as much as 10%, breaks below $100 as recession fears mount https://www.cnbc.com/2022/07/05/oil-tumbles-more-than-8percent-breaks-below-100-as-recession-fears-mount.html 2022-07-05_08-11-09.jpg (912×622) https://cms.zerohedge.com/s3/files/inline-images/2022-07-05_08-11-09.jpg?itok=m6gm0Lfx The Global Energy Crisis Just Got Even Worse. Here's Why - Bloomberg https://www.bloomberg.com/news/articles/2022-07-05/the-global-energy-crisis-just-got-even-worse-here-s-why?srnd=premium-canada ttf july 5.jpg (1272×662) https://cms.zerohedge.com/s3/files/inline-images/ttf%20july%205.jpg?itok=6sklUf_A

TOPICS AND TIMESTAMPS: Recession 0:00 Inflation or Recession 0:22 Recession Repeat? 6:24 Economy Down 8:14 Getting Expensive 11:06 Solutions 14:44 No more whispers: Recession talk surges in Washington - POLITICO https://www.politico.com/news/2022/07/04/recession-talk-surges-in-washington-00043818 Biden China Tariffs: President Nearing Rollback of Some Duties to Curb Inflation - Bloomberg https://www.bloomberg.com/news/articles/2022-07-04/biden-close-to-rollback-of-china-tariffs-to-fight-inflation?srnd=premium Inflation Expectations Hit Record in Bank of Canada Surveys - Bloomberg https://www.bloomberg.com/news/articles/2022-07-04/bank-of-canada-says-near-term-inflation-expectations-hit-record What Will the Next Recession Look Like? Long and Painful - Bloomberg https://www.bloomberg.com/news/articles/2022-07-03/long-moderate-and-painful-what-next-us-recession-may-look-like George-Costanza-eating-burger-600x315.jpg (600×315) https://cdn.mamamia.com.au/wp/wp-content/uploads/2016/06/17134620/George-Costanza-eating-burger-600x315.jpg global recession nomura.jpg (888×441) https://cms.zerohedge.com/s3/files/inline-images/global%20recession%20nomura.jpg?itok=FIyAeQyw No experience, no resume, you're hired! Hotels fight for staff | Reuters https://www.reuters.com/world/europe/no-experience-no-resume-youre-hired-hotels-fight-staff-2022-07-04/ Vital TSMC Supplier Warns of Chip Material Price Hikes Into 2023 - Bloomberg https://www.bloomberg.com/news/articles/2022-07-04/vital-tsmc-supplier-warns-of-chip-material-price-hikes-into-2023?srnd=premium Chipmakers’ Struggles Have Wall Street Worried About a Recession - Bloomberg https://www.bloomberg.com/news/articles/2022-07-01/chipmakers-struggles-have-wall-street-worried-about-a-recession?srnd=premium EU Imports More U.S. LNG Than Russian Pipeline Gas For The First Time Ever | OilPrice.com https://oilprice.com/Energy/Natural-Gas/EU-Imports-More-US-LNG-Than-Russian-Pipeline-Gas-For-The-First-Time-Ever.html Uniper in Talks Over Bailout Package to Plug $9.4 Billion Hole - Bloomberg https://www.bloomberg.com/news/articles/2022-07-04/uniper-in-talks-over-bailout-package-to-plug-9-4-billion-hole?sref=6uww027M

TOPICS AND TIMESTAMPS: The Cycle 0:00 $700 Car Payment 0:27 Inflation Situation 4:58 Real Estate 6:58 The 60/40 Portfolio 9:55 Monthly car payments have crossed a record $700. What that means : NPR https://www.npr.org/2022/07/02/1109105779/monthly-car-payments-record-700 New-Vehicle Affordability Declines Again in May, Typical Monthly Payment Hits New Record of $712 - Cox Automotive Inc. https://www.coxautoinc.com/market-insights/may-2022-vai/ May-2022-Cox-Automotive-Moodys-Analytics-VAI-chart.jpg (5350×3129) https://www.coxautoinc.com/wp-content/uploads/2022/06/May-2022-Cox-Automotive-Moodys-Analytics-VAI-chart.jpg fig 4 msa.jpg (578×485) https://cms.zerohedge.com/s3/files/inline-images/fig%204%20msa.jpg?itok=wSTdqbrZ IEA: Global Nuclear Capacity Needs To Double To Meet Net-Zero Goals | OilPrice.com https://oilprice.com/Energy/Energy-General/IEA-Global-Nuclear-Capacity-Needs-To-Double-To-Meet-Net-Zero-Goals.html National Survey Finds 83% of Consumers are Cutting Back on Personal Spending, Travel Due to Inflation https://www.provident.bank/press-releases/national-survey-finds-83-of-consumers-are-cutting-back-on-personal-spending-travel-due-to-inflation interest-rate-hikes-vs-inflation-1.jpg (1200×1048) https://www.visualcapitalist.com/wp-content/uploads/2022/06/interest-rate-hikes-vs-inflation-1.jpg Will Home Prices Fall? Sudden Housing Turn Has Sellers Paring Expectations - Bloomberg https://www.bloomberg.com/news/articles/2022-07-01/will-home-prices-fall-sudden-housing-turn-has-sellers-paring-expectations#:~:text=The%20rapid%20rise%20in%20mortgage,homes%20in%20Las%20Vegas%2C%20Nevada. 2022-06-30_09-45-27.png (855×575) https://cms.zerohedge.com/s3/files/inline-images/2022-06-30_09-45-27.png?itok=mo5RP61d UK Told Poorest Are ‘Brutally Exposed’ to Cost of Living Crisis - Bloomberg https://www.bloomberg.com/news/articles/2022-07-03/uk-told-poorest-are-brutally-exposed-to-cost-of-living-crisis#:~:text=The%20poorest%20families%20in%20the,stagnation%2C%20the%20Resolution%20Foundation%20warned. Bond Holders Look to Recession for Salvation After Vicious Half - Bloomberg https://www.bloomberg.com/news/articles/2022-07-02/bond-holders-look-to-recession-for-salvation-after-vicious-half?srnd=premium-canada Amazon cancels, delays wave of planned warehouses - FreightWaves https://www.freightwaves.com/news/amazon-cancels-or-delays-plans-for-at-least-16-warehouses-this-year?utm_content=213572964&utm_medium=social&utm_source=facebook&hss_channel=fbp-179175252108775

TOPICS AND TIMESTAMPS: Recession 0:00 Consumer Goes Down 0:33 Cash Is Trash 4:38 Russia Stopping Food Exports 10:35 Americans Are Buying Cheaper Meat, Slashing Subscriptions: Report https://www.businessinsider.com/inflation-cheaper-meat-slashing-subscriptions-new-york-times-report-2022-6 Cooling Demand for Goods Threatens to Turn Pandemic Boom Into Bust - WSJ https://www.wsj.com/articles/cooling-demand-for-goods-threatens-to-turn-pandemic-boom-into-bust-11656674342 The Worst Stock Selloff In Half a Century Might Not Be Done Yet https://finance.yahoo.com/news/worst-stock-selloff-half-century-090513988.html Startups to Face ‘Hard Times’ After Market’s Plunge, Gao Says - Bloomberg https://www.bloomberg.com/news/articles/2022-07-01/startups-to-face-hard-times-after-market-s-plunge-gao-says?srnd=premium-canada Russia to export agricultural products to ‘friendly countries’ only — RT Business News https://www.rt.com/business/557260-russia-agricultural-products-friendly-countries/ Revisiting Ukraine, Russia, and Agricultural Commodity Markets • farmdoc daily https://farmdocdaily.illinois.edu/2022/02/revisiting-ukraine-russia-and-agricultural-commodity-markets.html wheatshrt.jpg (1020×1004) https://cms.zerohedge.com/s3/files/inline-images/wheatshrt.jpg?itok=YiJhLG0K Metals meltdown: Fears of a global slowdown see prices tumbling | The Financial Express https://www.financialexpress.com/industry/metals-meltdown-fears-of-a-global-slowdown-see-prices-tumbling/2573544/ unnamed (12)_86.png (974×535) https://cms.zerohedge.com/s3/files/inline-images/unnamed%20%2812%29_86.png?itok=DzD3VJmb unnamed_502.png (1280×844) https://cms.zerohedge.com/s3/files/inline-images/unnamed_502.png?itok=MPJsbDlC unnamed (4)_413.png (635×362)

TOPICS AND TIMESTAMPS: What’s First? 0:00 Winners and Losers 0:21 Economic Perfect Storm 5:53 Pay Close Attention 13:41 Pedal Off the Metal? 14:46

TOPICS AND TIMESTAMPS: Only One 0:00 This Is Everything 0:23 Michael Burry 3:04 Deflation 4:01 Fed Repo Insanity 9:27 2022-06-30_11-41-25.jpg (1082×694) https://cms.zerohedge.com/s3/files/inline-images/2022-06-30_11-41-25.jpg?itok=mDls71K- Recession fear could become a self-fulfilling prophecy https://www.axios.com/2022/06/30/recession-inflation-economy-jobs-fed-wall-street GDPNow - Federal Reserve Bank of Atlanta https://www.atlantafed.org/cqer/research/gdpnow.aspx Stocks fall, S&P 500 posts worst first half in decades https://www.cnbc.com/2022/06/29/stock-market-futures-open-to-close-news.html (1) Cassandra B.C. on Twitter: "Adjusted for inflation, 2022 first half S&P 500 down 25-26%, and Nasdaq down 34-35%, Bitcoin down 64-65%. That was multiple compression. Next up, earnings compression. So, maybe halfway there." / Twitter https://twitter.com/michaeljburry/status/1542603312867905538?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1542603312867905538%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fwww.bloomberg.com%2Fnews%2Farticles%2F2022-06-30%2Fscion-s-burry-thinks-we-may-be-about-halfway-through-market-fall Can I Buy a House? More Properties Listed in Supply-Starved Market - Bloomberg https://www.bloomberg.com/news/articles/2022-06-30/home-listings-surge-in-turnabout-for-supply-starved-us-market Fed’s preferred inflation measure rose 4.7% in May, around multi-decade highs https://www.cnbc.com/2022/06/30/feds-preferred-inflation-measure-rose-4point7percent-in-may-near-40-year-high.html 4351943_0d490d55d76d78d9a334267e4d0438d2_jpegff3a024f48afe714f6fcd9e99eda63b5 (597×763) https://www.nairaland.com/attachments/4351943_0d490d55d76d78d9a334267e4d0438d2_jpegff3a024f48afe714f6fcd9e99eda63b5 2022-06-30_08-01-16.jpg (1083×714) https://cms.zerohedge.com/s3/files/inline-images/2022-06-30_08-01-16.jpg?itok=Dm-S3i1G 2022-06-30_08-06-54.jpg (942×618) https://cms.zerohedge.com/s3/files/inline-images/2022-06-30_08-06-54.jpg?itok=47GR44Yu 2022-06-30_12-12-30.jpg (1081×715) https://cms.zerohedge.com/s3/files/inline-images/2022-06-30_12-12-30.jpg?itok=BnNI349R 2022-06-30_12-07-55.jpg (1084×711) https://cms.zerohedge.com/s3/files/inline-images/2022-06-30_12-07-55.jpg?itok=pfrnvmwo Can I Buy a House? More Properties Listed in Supply-Starved Market - Bloomberg https://www.bloomberg.com/news/articles/2022-06-30/home-listings-surge-in-turnabout-for-supply-starved-us-market

TOPICS AND TIMESTAMPS: Here We Go 0:00 Recession Indications 0:17 Consumer Weakness 6:17 US Dollar Smashed 10:02 +11.5% rise above the minimum level over the previous year provides the most accurate and timely signal of recession risks since the data becomes available in the 1960s. It works for each recession and normally leads by around 2 months. Final Q1 GDP -1.6%; What's in Store for Q2? | Nasdaq https://www.nasdaq.com/articles/final-q1-gdp-1.6-whats-in-store-for-q2 2022-06-29_05-36-37.jpg (959×687) https://cms.zerohedge.com/s3/files/inline-images/2022-06-29_05-36-37.jpg?itok=EYzjEbgr jobless claims recession indicator.jpg (706×409) https://cms.zerohedge.com/s3/files/inline-images/jobless%20claims%20recession%20indicator.jpg?itok=n8huYWP5 jobless claims 2.jpg (705×387) https://cms.zerohedge.com/s3/files/inline-images/jobless%20claims%202.jpg?itok=Bgvj3rf6 Michael Burry Archive (@BurryArchive) / Twitter https://twitter.com/BurryArchive/status/1541967656680673280/photo/1 Inflationary concerns outweigh expected income growth | University of Michigan News https://news.umich.edu/inflationary-concerns-outweigh-expected-income-growth/ As Prices Skyrocket, Coupons Are Harder to Find Than Ever – DNyuz https://dnyuz.com/2022/06/29/as-prices-skyrocket-coupons-are-harder-to-find-than-ever/ 2022-06-29_06-37-58.jpg (1280×792) https://cms.zerohedge.com/s3/files/inline-images/2022-06-29_06-37-58.jpg?itok=9obZGg6y Canada Inflation Rate Drives Consumer Confidence to Crisis-Era Lows - Bloomberg https://www.bloomberg.com/news/articles/2022-06-27/inflation-drives-canadian-consumer-confidence-to-crisis-era-lows?srnd=premium-canada 93% of Working Americans Have A Side Hustle in 2022 https://www.insuranks.com/side-hustles-2022 2022 Business Leaders Outlook https://www.jpmorgan.com/content/dam/jpm/commercial-banking/insights/leadership/global-blo-full-report-final-ada.pdf EXCLUSIVE India's top cement maker paying

TOPICS AND TIMESTAMPS: Missteps 0:00 Pension Funds 0:31 Big Change in Canada 3:36 BRICS Expand 5:53 Companies and Inflation 8:30 Pension Funds Plunge Into Riskier Bets—Just as Markets Are Struggling - WSJ https://www.wsj.com/articles/pension-funds-plunge-into-riskier-betsjust-as-markets-are-struggling-11656274270?mod=itp_wsj&ru=yahoo The next financial hammer to fall: Public pension funds | The Hill https://thehill.com/opinion/finance/3539537-the-next-financial-hammer-to-fall-public-pension-funds/ Canada Tightens Rules on Riskiest Revolver-Tied Mortgages - Bloomberg https://www.bloomberg.com/news/articles/2022-06-28/canada-tightens-rules-on-riskiest-revolver-tied-mortgages?srnd=premium-canada East Tennessee food processing plant closing, 200 jobs lost https://www.wvlt.tv/2022/06/24/east-tennessee-food-processing-plant-closing-200-jobs-lost/ Iran, Argentina seek BRICS membership | World News,The Indian Express https://indianexpress.com/article/world/iran-argentina-seeks-brics-membership-7996664/ At BRICS summit, China sets stage to tout its governance model | Economy | Al Jazeera https://www.aljazeera.com/economy/2022/6/22/at-brics-summit-china-seeking-stage-for Russia's Putin and Brazil's Bolsonaro discuss global food security | Reuters https://www.reuters.com/world/russias-putin-brazils-bolsonaro-discuss-global-food-security-2022-06-27/?taid=62ba52bc7240840001f374f1&utm_campaign=trueAnthem:+Trending+Content&utm_medium=trueAnthem&utm_source=twitter Soaring inflation and crashing rates are sparking trucking’s ‘Great Purge’  - FreightWaves https://www.freightwaves.com/news/truckings-market-crash-severe-amid-inflation?utm_content=212850847&utm_medium=social&utm_source=facebook&hss_channel=fbp-179175252108775 Tesla lays off about 200 autopilot workers in latest cuts - BNN Bloomberg https://www.bnnbloomberg.ca/tesla-lays-off-hundreds-of-autopilot-workers-in-latest-staff-cut-1.1785179 consensu earniongs.jpg (743×458) https://cms.zerohedge.com/s3/files/inline-images/consensu%20earniongs.jpg?itok=yF5JPY7d ebit margins will shrunk.jpg (646×437) https://cms.zerohedge.com/s3/files/inline-images/ebit%20margins%20will%20shrunk.jpg?itok=ngJ55TjU unnamed (10)_190.png (949×431) https://cms.zerohedge.com/s3/files/inline-images/unnamed%20%2810%29_190.png?itok=twTan7gU Nowhere to hide from the collapse of the everything bubble | Fortune and Freedom https://fortuneandfreedom.com/topic/nowhere-to-hide-from-the-collapse-of-the-everything-bubble/ The Flight of New York City’s Wealthy Was a Once-in-a-Century Shock – DNyuz https://dnyuz.com/2022/06/28/the-flight-of-new-york-citys-wealthy-was-a-once-in-a-century-shock-2/ Ken Griffin's Citadel Move: Firm Seen Behind Record $363 Million Miami Land Buy - Bloomberg https://www.bloomberg.com/news/articles/2022-06-28/ken-griffin-s-citadel-move-firm-seen-behind-record-363-million-miami-land-buy Google Bets Big on Government Business with New Division - Nextgov https://www.nextgov.com/technology-news/2022/06/google-bets-big-government-business-new-division/368694/

TOPICS AND TIMESTAMPS: What’s Happening 0:00 Michael Burry 0:19 Inflation Ceiling 6:07 China 10:55 Michael Burry Archive (@BurryArchive) / Twitter https://twitter.com/BurryArchive/status/1541419758368825346/photo/1 every hiking cycles ends in crisis BofA update April 2022_1.jpg (697×484) https://cms.zerohedge.com/s3/files/inline-images/every%20hiking%20cycles%20ends%20in%20crisis%20BofA%20update%20April%202022_1.jpg?itok=VRjKW65a nominal rate inflation.jpg (1273×595) https://cms.zerohedge.com/s3/files/inline-images/nominal%20rate%20inflation.jpg?itok=Gx7okper The Money GPS (@themoneygps) / Twitter https://twitter.com/NorthmanTrader/status/1541506683192676352/photo/1 inv sales gen merch_0.jpg (1231×633) https://cms.zerohedge.com/s3/files/inline-images/inv%20sales%20gen%20merch_0.jpg?itok=6NZUuDVg unemp rate vs consumer confidence.jpg (1033×536) https://cms.zerohedge.com/s3/files/inline-images/unemp%20rate%20vs%20consumer%20confidence.jpg?itok=A64fdPvZ Cameo-Dodgeball-1024x576.jpg (1024×576) https://tvovermind.com/wp-content/uploads/2017/12/Cameo-Dodgeball-1024x576.jpg Hottest US Housing Markets Now Have Bigger Share of Price Cuts - Bloomberg https://www.bloomberg.com/news/articles/2022-06-27/hottest-us-housing-markets-now-have-bigger-share-of-price-cuts?srnd=premium-canada Canada Inflation Rate Drives Consumer Confidence to Crisis-Era Lows - Bloomberg https://www.bloomberg.com/news/articles/2022-06-27/inflation-drives-canadian-consumer-confidence-to-crisis-era-lows?srnd=premium-canada Zimbabwe Interest Rate Raised to 200% From 80% to Curb Inflation, Steady FX - Bloomberg https://www.bloomberg.com/news/articles/2022-06-27/world-s-most-aggressive-central-bank-raises-key-rate-to-200 Mortgage Lenders Turn ‘Desperate’ as Soaring Rates Roil Industry - Bloomberg https://www.bloomberg.com/news/articles/2022-06-27/mortgage-lenders-turn-desperate-as-soaring-rates-roil-industry?srnd=premium-canada News_Release_Banner.jpg (935×527)

TOPICS AND TIMESTAMPS: Flashing Red 0:00 Consumer Warning 0:15 Russia Defaults 6:39 Michael Burry 10:03 2022-06-24_07-03-25_0.jpg (975×614) https://cms.zerohedge.com/s3/files/inline-images/2022-06-24_07-03-25_0.jpg?itok=t0DxWeVb unemp rate vs consumer confidence.jpg (1033×536) https://cms.zerohedge.com/s3/files/inline-images/unemp%20rate%20vs%20consumer%20confidence.jpg?itok=A64fdPvZ Recession may not be here yet — but stagflation is: El-Erian https://finance.yahoo.com/news/recession-stagflation-el-erian-june-2022-130731066.html Metal Prices Are Headed for the Worst Quarter Since the Financial Crisis - Bloomberg https://www.bloomberg.com/news/articles/2022-06-26/metal-prices-are-headed-for-the-worst-quarter-since-the-financial-crisis?srnd=premium-canada One of World’s Major Wheat Buyers to Trim Imports as Prices Rise - Bloomberg https://www.bloomberg.com/news/articles/2022-06-26/one-of-world-s-major-wheat-buyers-to-trim-imports-as-prices-rise?srnd=premium-canada Home Showings Across United States Fall 24 Percent, Mortgage Rates Remain Elevated https://www.theepochtimes.com/home-showings-across-united-states-fall-24-percent-mortgage-rates-remain-elevated_4556028.html Ukraine War: Russia Defaults on Foreign Debt for First Time Since 1918 - Bloomberg https://www.bloomberg.com/news/articles/2022-06-26/russia-defaults-on-foreign-debt-for-first-time-since-1918 Canada’s inflation rate should be in retreat by year’s end | The Star https://www.thestar.com/business/opinion/2022/06/25/canadas-punishing-inflation-rate-should-be-wrestled-to-the-ground-by-years-end.html?utm_source=Twitter&utm_medium=SocialMedia&utm_campaign=OpinionStaff&utm_content=inflationrelief&utm_source=twitter&source=torontostar&utm_medium=SocialMedia&utm_campaign=&utm_campaign_id=&utm_content= Did corporate greed fuel inflation? It's not biggest culprit | AP News https://apnews.com/article/inflation-russia-ukraine-covid-health-government-and-politics-999a756b89b09b65d335856cf570737e ‘A cold dark place’ — Michael Burry thinks the market has plenty of room to plunge. But he finally sees value in these 4 stocks https://finance.yahoo.com/news/cold-dark-place-michael-burry-150000615.html unnamed (4)_402.png (1280×718) https://cms.zerohedge.com/s3/files/inline-images/unnamed%20%284%29_402.png?itok=f2j8tenc unnamed (5)_395.png (540×405)

TOPICS AND TIMESTAMPS: Signs Everywhere 0:00 National Debt 0:23 Civil Unrest 5:38 Evictions 10:25 U.S. Paying More to Borrow as Fed Raises Rates, Inflation Stays Elevated - WSJ https://www.wsj.com/articles/u-s-paying-more-to-borrow-as-fed-raises-rates-inflation-stays-elevated-11656165602 Bond Traders Are Trapped Between Recession and Inflation Fears - Bloomberg https://www.bloomberg.com/news/articles/2022-06-25/bond-traders-are-trapped-between-recession-and-inflation-fears?srnd=premium-canada Eco Week: Powell Shares His Troubles With Lagarde and Bailey - Bloomberg https://www.bloomberg.com/news/articles/2022-06-25/powell-shares-his-troubles-with-lagarde-and-bailey-eco-week?srnd=premium-canada Inflation sparks global wave of protests for higher pay, aid | AP News https://apnews.com/article/inflation-middle-east-africa-56399743fe9ad28692c88c007bb901d6 Zimbabwe Plans Triple-Digit Interest Rate Hike to Tame Inflation - Bloomberg https://www.bloomberg.com/news/articles/2022-06-25/zimbabwe-plans-triple-digit-interest-rate-hike-to-tame-inflation?srnd=premium-canada 27110.jpeg (1200×1200) https://cdn.statcdn.com/Infographic/images/normal/27110.jpeg VW chief warns economic damage from war risks being worse than pandemic | Financial Times https://www.ft.com/content/2c2fe5a8-f9a4-4c38-bd61-030a88aea4da More Than 8 Million Americans Are Late on Rent as Prices Increase - Bloomberg https://www.bloomberg.com/news/articles/2022-06-24/over-8-million-americans-are-late-on-rents-as-prices-increase Toyota pushes some parts suppliers to lower prices - Nikkei Asia https://asia.nikkei.com/Business/Automobiles/Toyota-pushes-some-parts-suppliers-to-lower-prices The C-suite and workplace wellness | Deloitte Insights https://www2.deloitte.com/us/en/insights/topics/leadership/employee-wellness-in-the-corporate-workplace.html Buyers Scramble To Lock In Long Term LNG Contracts In 2022 | OilPrice.com https://oilprice.com/Energy/Natural-Gas/Buyers-Scramble-To-Lock-In-Long-Term-LNG-Contracts-In-2022.html unnamed (9)_257.png (1280×844) https://cms.zerohedge.com/s3/files/inline-images/unnamed%20%289%29_257.png?itok=7YByZi79 unnamed (10)_188.png (1280×824) https://cms.zerohedge.com/s3/files/inline-images/unnamed%20%2810%29_188.png?itok=NMoeszHB

TOPICS AND TIMESTAMPS: This is Key 0:00 The Downturn 0:16 Economic Issues 5:57 Recession 9:24 Property Is the Crisis Risk to Watch as Stocks Enter Bear Market - Bloomberg https://www.bloomberg.com/opinion/articles/2022-06-21/property-is-the-crisis-risk-to-watch-as-stocks-enter-bear-market?cmpid%3D=socialflow-twitter-view&utm_source=twitter&utm_content=view&utm_campaign=socialflow-organic&utm_medium=social#xj4y7vzkg The world’s bubbliest housing markets are flashing warning signs , Real Estate - THE BUSINESS TIMES https://www.businesstimes.com.sg/real-estate/the-worlds-bubbliest-housing-markets-are-flashing-warning-signs Fed's Bowman wants 75 bps hike in July, 'at least' 50s after that, Government & Economy - THE BUSINESS TIMES https://www.businesstimes.com.sg/government-economy/feds-bowman-wants-75-bps-hike-in-july-at-least-50s-after-that Inflation Responses by Central Banks Have Destroyed Trust - Bloomberg https://www.bloomberg.com/news/articles/2022-06-23/inflation-responses-by-central-banks-have-destroyed-trust?srnd=premium-canada Mexico Delivers Record Rate Hike, Says More Increases Coming - Bloomberg https://www.bloomberg.com/news/articles/2022-06-23/banxico-delivers-record-rate-hike-with-inflation-at-21-year-high?srnd=premium-canada Hong Kong Benchmark Rate Quadruples in Month on USD Peg Defense - Bloomberg https://www.bloomberg.com/news/articles/2022-06-24/hong-kong-s-key-rate-quadruples-within-a-month-on-fx-peg-defense?srnd=premium-canada Germany to Trigger Phase Two of Three-Stage Emergency Gas Plan - Bloomberg https://www.bloomberg.com/news/articles/2022-06-23/germany-to-trigger-phase-two-of-three-stage-emergency-gas-plan#:~:text=Germany%20warned%20that%20Russia's%20moves,in%20triggering%20the%20financial%20crisis. Germany Looks at Potential Rationing of Natural Gas After Russia Cuts Supply - WSJ https://www.wsj.com/articles/germany-looks-at-rationing-natural-gas-after-russia-cuts-supply-11655978153 Predatory lenders are making money off of rising gas and food prices - CNN https://www.cnn.com/2022/06/23/business/money/payday-predatory-lending-inflation-gas/index.html Ken Griffin Moving Citadel From Chicago to Miami Following Crime Complaints - WSJ https://www.wsj.com/articles/ken-griffin-moving-citadel-from-chicago-to-miami-following-crime-complaints-11655994600 LayoffsTracker – Track all Tech & Startup layoffs globally https://layoffstracker.com/

TOPICS AND TIMESTAMPS: The Next Recession 0:00 Layoffs 0:18 Central Banks Did This 5:20 Ray Dalio 9:18 More Companies Start to Rescind Job Offers - WSJ https://www.wsj.com/articles/more-companies-start-to-rescind-job-offers-11655865283 Tech firms cut staff amid recession fears | The Hill https://thehill.com/policy/3532037-tech-firms-cut-staff-amid-recession-fears/ JP Morgan reportedly laying off hundreds in mortgage business https://nypost.com/2022/06/22/jp-morgan-reportedly-laying-off-hundreds-in-mortgage-business/ High Gas Prices Hit Demand as Drivers Cut Back at the Pump - WSJ https://www.wsj.com/articles/high-gas-prices-hit-demand-as-drivers-cut-back-at-the-pump-11655890381 Fed's Powell Sees Ongoing Interest Rate Hikes Needed to Tame Hot Inflation - Bloomberg https://www.bloomberg.com/news/articles/2022-06-22/powell-sees-ongoing-rate-hikes-needed-to-tame-hot-inflation?srnd=premium-canada Los Angeles may ban new gas stations to help combat climate emergency | Los Angeles | The Guardian https://www.theguardian.com/us-news/2022/jun/22/los-angeles-ban-new-gas-stations-climate Monthly payments on variable-rate mortgages could increase as borrowers near their ‘trigger rate’ - The Globe and Mail https://www.theglobeandmail.com/business/article-variable-rate-mortgage-trigger-rate-increase-monthly-payment/?utm_source=Twitter&utm_medium=twitter_moment&utm_campaign=variable_rates&utm_id=variable_rates Canadian Inflation Rate Surges to 7.7%, Fastest Pace Since 1983 - Bloomberg

TOPICS AND TIMESTAMPS: On and On 0:00 Who Stands To Gain? 0:18 Inflation Dark Side 5:48 Money Gone 11:48 Fed's Powell facing rising criticism for inflation missteps | AP News https://apnews.com/article/inflation-economy-jerome-powell-government-and-politics-86d884ee9ca6cf8bbc3c00da3445fbbc With Markets in Disarray, International Investors Are Stockpiling U.S. Dollars - WSJ https://www.wsj.com/articles/with-markets-in-disarray-international-investors-are-stockpiling-u-s-dollars-11655803800 Home sales give way as prices enter unprecedented territory | AP News https://apnews.com/article/economy-home-sales-prices-b9afc4e250784ddbfa7a8e125781badb Advertising Outlook for Hollywood: “Storm Clouds” Ahead – The Hollywood Reporter https://www.hollywoodreporter.com/business/business-news/advertising-outlook-tv-streaming-2022-1235168866/ Netflix braces for MORE layoffs by the end of the week | Daily Mail Online https://www.dailymail.co.uk/news/article-10938579/Netflix-braces-layoffs-end-week.html Global Food Inflation Gets Reprieve as Wheat to Palm Oil Prices Tumble - Bloomberg https://www.bloomberg.com/news/articles/2022-06-21/global-food-inflation-gets-reprieve-as-wheat-to-palm-oil-tumble?srnd=premium-canada Cooling Real Estate Housing Markets in US, UK Risk Deeper Global Economic Slump - Bloomberg https://www.bloomberg.com/news/features/2022-06-21/cooling-real-estate-markets-in-us-uk-risk-deeper-global-economic-slump?srnd=premium-canada Visualizing the Three Different Types of Inflation https://advisor.visualcapitalist.com/three-different-types-of-inflation/ 27646.jpeg (1200×1400) https://cdn.statcdn.com/Infographic/images/normal/27646.jpeg Used truck auction prices plunge as freight market cools - FreightWaves https://www.freightwaves.com/news/used-truck-auction-prices-falling-fast Simon Ree on Twitter: ""Once inflation goes above 5%, it has never come back down without the Fed Funds Rate exceeding the CPI" - Druck" / Twitter https://twitter.com/simon_ree/status/1537077407215407105?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1537077407215407105%7Ctwgr%5E%7Ctwco

TOPICS AND TIMESTAMPS: The Obvious 0:00 Recession or Not? 0:17 Real Estate Indicators 1:49 Inflation Up 3:01 Global Similarities 5:07 Passing Gas 10:57 house price to rent ratio_0.png (954×700) https://cms.zerohedge.com/s3/files/inline-images/house%20price%20to%20rent%20ratio_0.png?itok=O08N_phy nomura recession search_0.png (1280×602) https://cms.zerohedge.com/s3/files/inline-images/nomura%20recession%20search_0.png?itok=oMcOiUFi measures CPI trend_0.png (1280×634) https://cms.zerohedge.com/s3/files/inline-images/measures%20CPI%20trend_0.png?itok=2h_fMOWM China Covid Lockdowns Tank Consumer Sentiment - Bloomberg https://www.bloomberg.com/news/articles/2022-06-20/china-covid-lockdowns-tank-consumer-sentiment?srnd=premium-canada Japanese yen tumbles, benchmark bond yields fall back to target as BOJ holds | Reuters https://www.reuters.com/article/japan-markets-boj-idUKL1N2Y4058 The Lords of Money Pose Massive Threats to Markets - WSJ https://www.wsj.com/articles/the-lords-of-money-pose-massive-threats-to-markets-11655567098 Germany's Climate Protection Minister Mandates More Coal to Produce Electricity - Mish Talk - Global Economic Trend Analysis https://mishtalk.com/economics/germanys-climate-protection-minister-mandates-more-coal-to-produce-electricity Cathie Wood warns the Fed are ignoring dangerous signals as it plows ahead with draconian rate hikes https://finance.yahoo.com/news/cathie-wood-warns-fed-ignoring-162034665.html AMC Theatres CEO Adam Aron is trying to save movies - Los Angeles Times https://www.latimes.com/entertainment-arts/business/story/2022-06-20/amc-theatres-adam-aron Three Years Ago, Her Art Sold for $400 at the Beach. Now It Fetches Up To $1.6 Million at Auction - WSJ https://www.wsj.com/articles/anna-weyant-paintings-larry-gagosian-11655482365?mod=trending_now_news_1 'So Far, Nobody's Panicking': CRE Evaluating Strategies As Stocks Dive With Rest Of Market https://www.bisnow.com/national/news/economy/real-estate-stocks-dive-with-everything-else-even-previously-hot-sectors-113439?utm_source=outbound_pub_67&utm_campaign=outbound_issue_58633&utm_content=outbound_newsletter3&utm_medium=email&utm_source=outbound_pub_67&utm_campaign=outbound_issue_58633&utm_content=outbound_newsletter3&utm_medium=email bear markets quicker than bull markets_2.jpg (603×647) https://cms.zerohedge.com/s3/files/inline-images/bear%20markets%20quicker%20than%20bull%20markets_2.jpg?itok=DMa7ceDj

TOPICS AND TIMESTAMPS: First Ever 0:00 Inflation Recession 0:12 25 Percent Crash? 6:02 Worst in History 8:00 The Rant GPS 12:02 Inflation and recession fears are squeezing some industries more than others https://www.cnbc.com/2022/06/19/inflation-and-recession-fears-are-squeezing-some-industries-more-than-others.html Treasury Secretary Janet Yellen says recession isn't 'inevitable https://www.cnbc.com/2022/06/19/treasury-secretary-janet-yellen-says-recession-isnt-inevitable.html unnamed (6)_369.png (892×556) https://cms.zerohedge.com/s3/files/inline-images/unnamed%20%286%29_369.png?itok=iwevoH_p Deutsche Bank now expects 'an earlier and somewhat more severe recession' https://finance.yahoo.com/news/deutsche-bank-recession-call-203128468.html Mortgage rates go flying with the highest jump since 1987 — and still housing prices may keep on rising https://finance.yahoo.com/news/mortgage-rates-flying-highest-jump-120000050.html Week in Markets: All Assets Drop, S&P 500 Losses More Widespread Than Ever - Bloomberg https://www.bloomberg.com/news/articles/2022-06-17/in-prevalence-of-selling-this-is-a-market-rout-without-equal bear market selloff.jpg (709×450) https://cms.zerohedge.com/s3/files/inline-images/bear%20market%20selloff.jpg?itok=D9tyF4ll unnamed (7)_338.png (725×534) https://cms.zerohedge.com/s3/files/inline-images/unnamed%20%287%29_338.png?itok=GEU8fsRQ The New York Fed DSGE Model Forecast—June 2022 - Liberty Street Economics https://libertystreeteconomics.newyorkfed.org/2022/06/the-new-york-fed-dsge-model-forecast-june-2022/ Don't be duped by doomsayers, JPMorgan says — the S&P will rebound to 4,900. Here are 3 stocks it's using to bet on a bounce https://finance.yahoo.com/news/dont-duped-doomsayers-jpmorgan-says-140000453.html History Suggests S&P 500 Hits 3000, Next Bull Market Takes It to 6000 - BofA's Hartnett By Investing.com https://www.investing.com/news/stock-market-news/history-suggests-sp-500-hits-3000-next-bull-market-takes-it-to-6000--bofas-hartnett-432SI-2838264 Cathie Wood’s Ark Invest says a coming 'worker backlash' could see Zoom skyrocket 1,263% by 2026 https://finance.yahoo.com/news/cathie-wood-ark-invest-says-150000388.html unnamed (8)_302.png (1018×592) https://cms.zerohedge.com/s3/files/inline-images/unnamed%20%288%29_302.png?itok=R7Tkwn9c

TOPICS AND TIMESTAMPS: Get Ready 0:00 The Phenomenon 0:14 Real Estate Slowdown 2:11 Fed Goes ALL IN 4:29 Money Flows Here 6:14 The Rant GPS 9:35 Americans are starting to pull back on travel and restaurants https://www.msn.com/en-us/travel/news/americans-are-starting-to-pull-back-on-travel-and-restaurants/ar-AAYBEka Empty shelves: Why tampons, Sriracha and peanut butter are in short supply - mlive.com https://www.mlive.com/public-interest/2022/06/empty-shelves-why-tampons-sriracha-and-peanut-butter-are-in-short-supply.html Distressed Deals Pile Up in Canada’s Once-Booming Housing Market - Bloomberg https://www.bloomberg.com/news/articles/2022-06-17/distressed-deals-pile-up-in-canada-s-once-booming-housing-market?srnd=premium-canada Why Is the Cost of Rent Going Up? Ask the Federal Reserve - Bloomberg https://www.bloomberg.com/opinion/articles/2022-06-18/why-is-the-cost-of-rent-going-up-ask-the-federal-reserve?srnd=premium-canada Will Home Prices Fall? Builders Offer Discounts as Mortgage Rates Rise - Bloomberg https://www.bloomberg.com/news/articles/2022-06-17/will-home-prices-fall-builders-offer-discounts-as-mortgage-rates-rise 27635.jpeg (1200×1200) https://cdn.statcdn.com/Infographic/images/normal/27635.jpeg Waller Backs 75 Basis-Point July Hike, Says Fed Is ‘All In’ - Bloomberg https://www.bloomberg.com/news/articles/2022-06-18/waller-backs-75-basis-point-july-hike-says-fed-is-all-in?srnd=premium-canada retail drawdowns.png (478×288) https://cms.zerohedge.com/s3/files/inline-images/retail%20drawdowns.png?itok=rWi9Hrj7 big tech inflow.jpg (689×494) https://cms.zerohedge.com/s3/files/inline-images/big%20tech%20inflow.jpg?itok=wh0vIJgr financial outflows june 18.jpg (696×499) https://cms.zerohedge.com/s3/files/inline-images/financial%20outflows%20june%2018.jpg?itok=a2slak15