BREAKING: A Global Recession Is Starting

#recession #money #recession2023 #money #inflation #deflation #interestrates #dollar #economy #credit #interestrates #liquidity  #oil #gasoline #europe #germany #crashOil market selloff is picking up taking gasoline prices along for the ride. The recession noises are getting louder and louder reminding us again there are no soft landings. It was pure coincidence, yet appropriate anyway Fed Chair Jay Powell addressed some his staff statisticians and cautioned them how often they are surprised by outcomes in the real economy. They should all consult their German counterparts given the alarming data coming out of that place and how much that helps explain oil and everything else. Eurodollar University's Money & Macro AnalysisChair Jerome H. Powell Remarks November 8, 2023https://www.federalreserve.gov/newsevents/speech/powell20231108a.htmBloomberg: Scholz Tells Global Elite in Davos That German Economy Is Backhttps://www.bloomberg.com/news/articles/2023-01-18/scholz-tells-global-elite-in-davos-that-german-economy-is-backBloomberg: Scholz’s Advisers Slash Forecast for German Growth Next Yearhttps://www.bloomberg.com/news/articles/2023-11-08/scholz-s-advisers-slash-forecast-for-german-growth-next-yearTwitter: https://twitter.com/JeffSnider_AIPhttps://www.eurodollar.universityRealClearMarkets Essays: https://bit.ly/38tL5a7