⚠️ "Already past the point of no return" ⚠️

"'The Fed is facing a difficult task on Wednesday, but it is likely already past the point of no return,' JPMorgan strategists led by Marko Kolanovic, the bank’s chief global markets strategist, wrote in a note to clients Monday. 'A soft landing now looks unlikely, with the airplane in a tailspin (lack of market confidence) and engines about to turn off (bank lending).'" -https://www.yahoo.com/lifestyle/already-past-point-no-return-171434984.htmlBut remember how many times you were told:Inflation is transitoryThe job market is blazing hotLabor shortage 🦜We can't be in a recession because look at the job marketSoft landingSlowcessionRolling recessionBad news is good newsIf you haven't already prepared a job loss survival plan, it's probably too late. I hate to say that, but IMO, if you wait to be "officially" told that the economy is in a hot mess, you're waiting way too late. Links:https://www.yahoo.com/lifestyle/already-past-point-no-return-171434984.htmlhttps://thehill.com/opinion/finance/3908515-the-fed-circumvented-the-debt-ceiling-to-borrow-billions-for-failed-banks/https://www.finder.com/americans-borrow-friends-and-family-household-debtLinks where I can be found: https://causeyconsultingllc.com/2023/01/30/updates-housekeeping/Need more? Email me: https://causeyconsultingllc.com/contact-causey/ Siren courtesy of Pixabay.