Something Very Ominous Just Happened in the U.S.

TOPICS AND TIMESTAMPS:
Flashing Red 0:00
Consumer Warning 0:15
Russia Defaults 6:39
Michael Burry 10:03
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Recession may not be here yet — but stagflation is: El-Erian
https://finance.yahoo.com/news/recession-stagflation-el-erian-june-2022-130731066.html
Metal Prices Are Headed for the Worst Quarter Since the Financial Crisis - Bloomberg
https://www.bloomberg.com/news/articles/2022-06-26/metal-prices-are-headed-for-the-worst-quarter-since-the-financial-crisis?srnd=premium-canada
One of World’s Major Wheat Buyers to Trim Imports as Prices Rise - Bloomberg
https://www.bloomberg.com/news/articles/2022-06-26/one-of-world-s-major-wheat-buyers-to-trim-imports-as-prices-rise?srnd=premium-canada
Home Showings Across United States Fall 24 Percent, Mortgage Rates Remain Elevated
https://www.theepochtimes.com/home-showings-across-united-states-fall-24-percent-mortgage-rates-remain-elevated_4556028.html
Ukraine War: Russia Defaults on Foreign Debt for First Time Since 1918 - Bloomberg
https://www.bloomberg.com/news/articles/2022-06-26/russia-defaults-on-foreign-debt-for-first-time-since-1918
Canada’s inflation rate should be in retreat by year’s end | The Star
https://www.thestar.com/business/opinion/2022/06/25/canadas-punishing-inflation-rate-should-be-wrestled-to-the-ground-by-years-end.html?utm_source=Twitter&utm_medium=SocialMedia&utm_campaign=OpinionStaff&utm_content=inflationrelief&utm_source=twitter&source=torontostar&utm_medium=SocialMedia&utm_campaign=&utm_campaign_id=&utm_content=
Did corporate greed fuel inflation? It's not biggest culprit | AP News
https://apnews.com/article/inflation-russia-ukraine-covid-health-government-and-politics-999a756b89b09b65d335856cf570737e
‘A cold dark place’ — Michael Burry thinks the market has plenty of room to plunge. But he finally sees value in these 4 stocks
https://finance.yahoo.com/news/cold-dark-place-michael-burry-150000615.html
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