Small Business Sales Expectations as Bad as Worst Part of Global Financial Crisis
Too pessimistic?
Default and foreclosure rates could double and… it would only represent a return to normal default rates
“In the energy space we’ve had a huge amount of mal-investment”
It’s at least worth contemplating how close we are to the crisis peak
It seems likely that the year-over-year peak in inflation is in the books
Germany is pretty clearly in recession
“Job #1 is that we make it as improbable as possible that we decide that money printing is a solution for us again”
Technically yes, practically no