Heavy hitters warn of cash crunch and painful recession

MarketsInsider/Theron Mohamed/10-28-2022

graphic illustration of dominoes in a row beginning to fall

“Jamie Dimon, David Solomon, and Ray Dalio have sounded the alarm on a cash crunch, a looming US recession, and the Russia-Ukraine conflict.”

USAGOLD note: Dalio did not sugar-coat what could be next for the economy and markets calling UK’s recent meltdown the “canary in the coal mine.” He foresees a flight to haven assets saying the “dominoes are falling in a very classic way.”

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