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Giuliano Giacaglia
@giu
We're likely entering a recession or a significant economic slowdown. Last quarter, earnings from staple companies like Starbucks, CVS, and McDonald's were weak, and now stocks are taking a hit. Consumers' savings are dwindling, suggesting upcoming earnings will also be down. With economic slowdown accelerating, the end of the year will be pivotal, especially with Q4 spending. Despite the holiday season, year-over-year comparisons look grim, particularly in the housing market. Expect a challenging year ahead.
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Ben πŸŸͺ
@benersing
How do you see the typical crypto market cycles layering up against the macroeconomic backdrop?
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John Hoang
@jhoang
Will rate cuts post pone the recession or have an effect?
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