There

 

US stocks on course for worst first-half slump in more than 50 years

"The powerful pullback in US stocks has eviscerated more than $9tn in US stock market value since the end of 2021, according to Bloomberg data on the S&P 1500 index, which tracks small, mid and large cap groups.

Put your faith in some more paper why dont ya?

paper gonna save you?

Your wealth gonna save you?

Your stocks, your bonds, your cash, your gold, your crypto?

They gonna save you?

Only one thing gonna save you for all eternity.

Christ Jesus.

Revelation 9:20

The rest of mankind who were not killed by these plagues still did not repent of the work of their hands; they did not stop worshiping demons, and idols of gold, silver, bronze, stone and wood—idols that cannot see or hear or walk.

Are stocks and bonds and cash not printed on paper? is paper not made of wood?

Isaiah 45:20

“Gather together and come; assemble, you fugitives from the nations. Ignorant are those who carry about idols of wood, who pray to gods that cannot save.

“The market mood is dominated by the possibility of recessions in the US and Europe,” said Bastien Drut, strategist at Paris-based asset manager CPR. “It is very negative,” he added, warning that the days of being able to rely on central banks easing monetary policy to support economic growth were “gone”..

( Thats exactly what the other guy said in his article:

Stagflationary global debt crisis looms – and things will get much worse

"The space for fiscal expansion will also be more limited this time. 

Most of the fiscal ammunition has been used, and public debts are becoming unsustainable."

The can has been kicked down the road as far as it can be..

"Brace yourself" Jamie Dimon said.

The new economic system is coming.

It's all explained right here:

Revelation 13