RE: bp @330p20 Jun 2022 15:24
Possibly the pending US Federal Reserves pending July and August interest rate rises, to a base rate of 3.5%? Which has been predicted by most US economic commentators, and if correct would push the US economy into recession for 2002 - 2023? With the forecasted US growth rate slumping to 1%; from a prior forecast of 2.7% growth for 2022?
And the projected further retraction of the top Wall Street stocks by as much as 30% - 40%; in their current value?
Dr Michael Burry "The Big Short," in early 2021; forecasted the massive USA rises in inflation, interest rates, US stock market fall, and severe recession for 2022 - 2023?