Ezekiel 33:6 But if the watchman see the sword come, and blow not the trumpet, and the people be not warned; if the sword come, and take any person from among them, he is taken away in his iniquity; but his blood will I require at the watchman’s hand.
The Dow Drops again and the S&P hit a 52-week low.
A recession is a prolonged period of economic decline, beginning when the economy peaks and ending when it bottoms out.
The reality of a recession feels broadly economically gloomy think rising unemployment, a stock market in decline, and stagnating or shrinking wages.
Wall Street is on edge. Central banks are hiking interest rates to try to rein in inflation. And geopolitical upheaval is exacerbating supply chain headaches that began in 2020.
Many economists say the United States faces a recession, due primarily to inflation.
Inflation may last well over a year, and the millions of jobs that are unfilled today could disappear in months, pushing unemployment higher.
If inflation does cut back American spending, it will damage the holiday season. Retailers are among the country’s largest employers.
Many Americans have become “rich” because of surging home prices. Mortgage rates could top 6% soon, which will cool the market quickly.
A recession is on the horizon, and it could be a long one. The U.S. is in a period of historic inflation, and rising food prices are a leading driver.
At grocery stores across the country, food prices are about 10% higher than they were a year ago.
Read more at: https://www.transformedbythetruth.com/smallest-crop-of-wheat-in-oklahoma-in-eight-years-the-no-2-u-s-producer-of-wheat/
Luke 21:11 And great earthquakes shall be in divers places, and famines, and diseases; and fearful sights and great signs shall there be from heaven.
Luke 21:25 And there shall be signs in the sun, and in the moon, and in the stars; and upon the earth distress of nations, with perplexity; the sea and the waves roaring;
Luke 21:28 And when these things begin to come to pass, then look up, and lift up your heads; for your redemption draweth nigh.
Read more at: https://www.transformedbythetruth.com/wheat-futures-reach-highest-levels-as-russia-invasion-advances/
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