A Recessionary Crisis Becomes More And More Likely

  • The likelihood of a debt crisis is rising, signaled by deflationary CPI and PPI data, skyrocketing bankruptcies, and an inverted yield curve. SPDR S&P 500 ETF (SPY) and Invesco QQQ Trust ETF (QQQ) are risky due to economic factors and reliance on rare earth imports from China.