Wall Street Narratives Distort Reality; A Deep Recession Is Rapidly Approaching
- Sunday, June 12, 2022, 7:10
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Both the Nasdaq and the Russell 2000 are well into “Bear” market territory while the S&P 500 may well be there next week. It appears that investors are recognizing that the recession will be ugly and will likely come sooner than later, contrary to the narrative on Wall Street.