10 Tweets That Suggest U.S. Economy May Already Be In Recession

🇺🇸 Consumers' assessments of their personal financial situation worsened about 20%. 46% of consumers attributed their negative views to #inflation, up from 38% in May; this share has only been exceeded once since 1981, during the Great #Recession.
*Link: https://t.co/QFrhWLRT9y pic.twitter.com/Z4gjzoaYEo

— Christophe Barraud🛢🐳 (@C_Barraud) June 11, 2022

🇺🇸 The fact that consumers see buying conditions as so poor reflects the view that sentiment could translate to weaker spending.
*There is now a high probability that the U.S. economy is already in #recession (if 2Q GDP negative).
*Chart from Bloomberg Economics ⬇ pic.twitter.com/R50lfBQtIQ

— Christophe Barraud🛢🐳 (@C_Barraud) June 12, 2022

🇺🇸 #Inflation-adjusted retail sales may have fallen about 1.4% in May.
*The April-May average is tracking at an annualized decline of nearly 2% versus the 1Q average.https://t.co/RpKKF9cFzj

— Christophe Barraud🛢🐳 (@C_Barraud) June 16, 2022

🇺🇸 The tightening financial conditions point to a significant economic slowdown in coming months – Bloomberg
*This chart compares the YoY change in Goldman’s financial condition index and the level of the ISM Manufacturing index. pic.twitter.com/gHKJeAiPOF

— Christophe Barraud🛢🐳 (@C_Barraud) June 16, 2022

In a year from now the Fed will be cutting not hiking

H/T @MikaelSarwe (best Macro models out there) pic.twitter.com/5gL8zqKOhS

— AndreasStenoLarsen (@AndreasSteno) June 16, 2022

Would you call the largest destruction of wealth in modern market history a "soft landing"? pic.twitter.com/vZ0w5WETxy

— Bespoke (@bespokeinvest) June 15, 2022

Google searches for 'recession' are on pace to approach a record high. pic.twitter.com/aLWXmyGgIQ

— Bespoke (@bespokeinvest) June 16, 2022

🇺🇸 The US could be already in #recession with 2Q GDP exp close to 0% (https://t.co/a5ZtGH2jkm). Add the probability of 2 straight ⬇ quarters in H2 and we are at ~60% for this year.
*Be prepared for more ⬇ revisions.
*Bloomberg 2022 GDP consensus: 2.6%ehttps://t.co/YwaDX6Rj0p

— Christophe Barraud🛢🐳 (@C_Barraud) June 14, 2022

You'll never guess what happens next… pic.twitter.com/50PSBFbV85

— zerohedge (@zerohedge) June 17, 2022

🇺🇸 #Housing | 10 Charts That Suggest U.S. House Prices Will Be Under Pressure Soon
*Thanks to @calculatedrisk, @SoberLook, @MikeZaccardi, @pauldejong_, @LizYoungStrat, @mikesimonsen, @RickPalaciosJrhttps://t.co/4Errt6wLgs

— Christophe Barraud🛢🐳 (@C_Barraud) June 11, 2022