First published by Money Metals Exchange here:
https://www.moneymetals.com/podcasts/2022/05/20/big-banks-call-for-recession-and-possible-stock-market-crash-002530
The converging forces of price inflation and economic contraction continue to weigh on asset markets. The Dow Jones Industrials got clobbered by 1,000 points on Wednesday and is headed for its eighth weekly loss in a row.
