by Kerry Lutz, Financial Survival Network:
John Rubino has a new venue for all of his latest work here. Fed says the economy is already in recession. Amazon ups layoffs to 18,000, Bed Bath & Beyond going bankrupt. Silvergate, another crypto bank is down nearly 50% today, when with the crypto carnage end? Jobs report is above expectations. Take-away: The Fed will keep tightening right into a recession. Stocks down hard on this realization. Very interesting drama in congress. Might be fun to talk about. Predictions for 2023:
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