Recession Alert! Philly Fed Business Survey Slumps To Worst Since The Great Recession Of 2008/2009 As Fed Retreats

Well, it is not always sunny in Philadelphia.

The Philadelphia Fed Business Survey just crashed and burned to the worst reading since The Great Recession of 2008/2009.

Alarm! The Fed is expected to raise rates two more times before capitulating and lowering rates … again.

Between Biden’s “Reign of Error” and The Fed, I feel like I am living in the horror flick “Cabin In The Woods.”

The Biden Administration and Fed Board of Governors.