Wall Street's elite investors are convinced a recession is all but inevitable — and the stock market's collapse has only just begun

[RARI_Godwind]

And whose fault is that???

 

[Ezekiel 25:17]

I'll believe it when it happens. Wish I had a higher paying job right now to stack up cash and buy one these houses on foreclosure.

 

[HabitualChiller]

So in other words, companies got greedy like always and utilized the pandemic and supply chain shortages as cover to raise prices to obscene levels, above and beyond what is normal, evidenced by their high profitability, and on the other side refuse to pay workers a reasonable wage, so they can't find anyone to come in. Thus, you have higher prices but less people willing to pay it due to not having the money to do so, and hence, an incoming economic crash.

On the brightside, this would hopefully compel the government to get off their asses and impose tighter regulations on raising prices by these businesses...hopefully.

 

[Tres Leches]

Stock market always ahead of the game and priced in by the time you think it’s safe to buy it’s too late