Wilson: it ain't over until the recession bells ringDespite inflation consistently polling as Americans' top concern, MSNBC guest Michelle Singletary - a Washington Post columnist, thinks that a 'great deal' of America should just suck it up.
"There is a great deal of Americans where it is uncomfortable that they're spending more, but they are not gonna go under," said Singleton, adding "You've got to stop complaining."
"You still have your job ... so I'm gonna need you to calm down and back off."
MSNBC guest: "There is a great deal of Americans where it is uncomfortable that they're spending more, but they are not gonna go under. You've got to stop complaining ... you still have your job ... so I'm gonna need you to calm down and back off."
"There is a great deal of Americans where it is uncomfortable that they're spending more, but they are not gonna go under," said Singleton, adding "You've got to stop complaining."
"You still have your job ... so I'm gonna need you to calm down and back off."
MSNBC guest: "There is a great deal of Americans where it is uncomfortable that they're spending more, but they are not gonna go under. You've got to stop complaining ... you still have your job ... so I'm gonna need you to calm down and back off."
- The Bear market will not be over until recession arrives or the risk of one is extinguished
- Bear market rallies get bigger the longer the bear market continues
- We are now entering our fourth squeeze of the 2022 vintage bear
- Magnitude of 4th squeeze in 02 and 08 bear vintages: 21% and 19% respectively SPX vs HYG
- First cut next spring
- World’s largest company not seeing any demand destruction
- Everybody asking about the oil move
- Talks about back channel discussions with Ukraine to end the war
- Monetary policy tweaks would make sense but only offer some temporary relief for the yen
- Estimates too high, whatever happens
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