Let's talk numbers...
▶ The S&P500 drop was the 5th worst since WWII.
▶ After peaking in 2022, US inflation was back under control, only to increase again in 2025.
▶ US consumers now expect the same level of unemployment as during the financial crisis.
▶ Business confidence in the US dropped again, after increasing in 2024.
▶ Weekly bankruptcy filings in the US reached the same levels of 2020, and almost the same level of 2009, at the peak of the financial crisis.
▶ There's now recession probability of 45%.
Not too bad 😅
