Beyond gold, There Is Bitcoin.

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The "no recession relief rally" has ended for the stock market, according to Stifel's Barry Bannister.

Is this evidence of a wage-price spiral? 🤔 Definition: Employees receive a salary increase. The salary increase drives up the costs of production. Companies raise prices to pay for higher costs of production.

Everything is fine ...... 🔥🔥🔥 Mortgage rates soared to the highest level since November 2000, crushing affordability for potential homebuyers. The average rate on the popular 30-year fixed mortgage hit 7.48%. In some areas of the country it is already over 8%. The average on the 30-year fixed last year at this time was around 5.5%.

“New York City is definitely deteriorating, the quality of life and the quality of services,” John Paulson. a billionaire, has said per Bloomberg.

NEW: Imminent 🇺🇸 US Treasury bonds issuance to drain liquidity from assets, causing falls in stocks and likely triggering protection seeking in 🟨 gold, per Jesse Felder. With Blackrock crowning it as digital gold, could money flow in #Bitcoin  too? 👀

JUST IN: 🇺🇸 $2 billion investment manager Empowered files to launch 3 more #Bitcoin  futures ETFs

#Bitcoin  priced at infinity on The Simpsons 💥🚀

Paul Krugman now agrees 3% is the right number for inflation and is calling for the jobs of people who thought the Fed should target 2% 😮 Meanwhile Jerome Powell cannot explain why 2% was the original target in the first place 👇