Several huge banks, including Bank of America, Morgan Stanley, and Wells Fargo have warned about a total market meltdown and global recession.
NOTE: This info is not about financial advice (make your own decisions) - it's merely bringing attention to how leaders of major banks are raising a red flag about the economy - flying in the face of Fed Reserve Chairman Powell.
Audio call & transcript at: https://www.moneymetals.com/podcasts/2022/05/20/big-banks-call-for-recession-and-possible-stock-market-crash-002530
Thank you. What I find so fascinating is that Fed Reserve Chairman Powell and these huge bankers are supposedly playing for the same team (at least I thought they were), so I'm intrigued about why their stories are polar opposite.