I think middle income people are really starting to have to tighten the belt. It ain't easy.
Steve Cortes was all over this on Bannon No 2494-2495
60% of wage earners in the $100K bracket are living pay check to paycheck
Consumer credit card debt is zooming through the roof while interest rates increase daily
Expect big numbers of foreclosures and evictions in coming months.
Both stock prices AND investment grade bonds declining
Silver declining because of less demand by industry
We already in Stagflation
Next up Depression.....