Bloomberg analyst Mike McGlone says there are hints that a severe contraction of the American economy is approaching. The commodities expert says on the social media platform X that data is showing a dramatic plunge in home sales amid rising interest rates, a situation similar to the 2008 financial crisis. McGlone’s chart shows that the […]
The post Ominous Indicator Suggests US Economy Heading Toward Severe Recession: Bloomberg Analyst appeared first on The Daily Hodl.
Macro guru Henrik Zeberg is issuing a dire warning to investors, saying that a type of market meltdown not witnessed in nearly a century is around the corner. Zeberg shares with his 102,100 Twitter followers a chart that shows how the NAHB (National Association of Home Builders) Housing Market Index (HMI) and the US unemployment […]
The post Macro Economist Henrik Zeberg Warns Worst Market Crash Since 1929 Incoming appeared first on The Daily Hodl.
According to a recent study by Clever, a real estate data company, nearly three out of four Americans worry there will be a recession this year, and 69% of the research participants say the U.S. is already in a recession. What’s worse, 55% of the study’s respondents said they would lose everything if a recession […]