Top Economist: 80% Chance of Recession in Coming Months – FED Ignoring 1 Thing That Can Fix It

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That chill in the air is not simply the onset of autumn, according to some experts who say Americans need to brace for the arctic winter chill of a recession. Friday ended a week in which Wall Street took a beating, The Dow Jones index dropped 486.27 points to close at 29,590.41, its first close below 30,000 since June, according to CNBC. The tumble meant that whatever had been gained since November 2020 has been lost, according to The Washington Post. With inflation so far appearing to be unchecked, CNBC’s September Fed survey of financial experts gave the economy a…

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Audience Gives Pelosi Brutal Reception from the Moment She Takes Stage, Doesn’t Stop Until She Leaves

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House Speaker Nancy Pelosi didn’t get quite the reception she likely anticipated from the crowd at the Global Citizen music festival on Saturday night. Especially considering the concert took place at Central Park in deep blue New York City. The Speaker received a round of boos, and a few cheers, during remarks about the recently passed Inflation Reduction Act, legislation that even climate czar John Kerry admits is a climate bill that has nothing to do with inflation. The New York Post reported the booing began from the moment Pelosi appeared onstage and continued throughout her brief talk. As the…

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THEY’RE In Crisis Mode | THIS Major Food Shortage Crisis of 2022

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Broadway Shows Including ‘Phantom’ Closing as New York City Crime, Bidenflation Wreak Havoc

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Broadway shows including The Phantom of the Opera have posted closing notices as tourism has failed to bounce back in New York City in the wake of the coronavirus pandemic. The Democrat-controlled city is currently in the midst of a

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Markets will get ‘Fed up’ with too much tightening if growth slows as Powell shows most resolve since Paul Volcker, BlackRock says

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Paul Volcker, former Fed Chair 1979 to 1987.Bettmann / Getty Images Slow growth and too much tightening from the Fed will frustrate markets and the economy, BlackRock says.  "Still, we do think that markets, and consequently the economy, will become 'Fed up' with too much tightening," according to a note. The current Fed's campaign to tackle inflation also drew comparisons to the one engineered by former Fed Chair Paul Volcker. Financial markets may stop tolerating the Federal Reserve's tightening cycle while rate hikes work their way through the economy, a note from BlackRock said Thursday.The coming months will be key…

Continue ReadingMarkets will get ‘Fed up’ with too much tightening if growth slows as Powell shows most resolve since Paul Volcker, BlackRock says