SPX Stagflation anyone? Nothing the

    Posted by fundamentalvalues on 26th of Jul 2022 at 09:48 am

    SPX Stagflation anyone? Nothing the Fed does can stop this from taking time to normalize. Unfortunately we may have a lot of pain ahead after whatever seasonal rally unfolds. If Walmart is struggling then the economy is in major trouble. If some type of system wide issue can be avoided that will be a win. Where are the signs a bottom is in? Unemployment announcements are just taking hold and companies are guiding down. 

    *IMF Again Cuts Global Growth Forecast Amid Inflation, War*IMF Now Sees Global Growth Slowing to 3.2% in 2022 and 2.9% in 2023*IMF Has Repeatedly Cut 2022 Forecast, From 4.9% in October, 4.4% in January and 3.6% in April*IMF Warns Actual Outcomes Could Be Worse, Citing Several Downside Risks-Walter Bloomberg

    SHOPIFY TO LAY OFF 10% OF WORKERS IN BROAD SHAKE-UP - WSJ.

    *MCDONALD'S SAYS US LABOR INFLATION IS ABOUT 10% NOW*MCDONALD'S SEES US FOOD AND PAPER COSTS UP 12%-14% IN 2022-Walter Bloomberg 

    Walmart and McDonald's just told the Fed that inflation needs to return to normal before business does. No way they can pivot. Into the wind here in a major way. 

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