It Will Get Worse Before It Gets Better

"Inflation is starting to have an impact on people’s spending expectations over the coming months, with 61% of Americans saying they’re worried about their financial situation, according to a survey of more than 1,000 adults conducted by Toluna from March 23 to 29."

By the 4th of July, people will begin to open their 2nd quarter 401k statements and notice that the neighbor's house has been for sale for what seems to be a long time and that another house down the road that was bought by a flipper hasn't had any work done to it in quite a while and that they are still paying over $10 for a pound of premium bacon and over $4 for a gallon of low grade gasoline... The epiphany will be upon them.

The Dow (which is a bullshit measurement), the S&P500 and the Russell 2000 are all solidly in the red for the year.  Mortgage lenders see the writing upon the wall and are laying off staff.  The Federal Reserve is playing major league catch up and using only half measures to do so at this point for fear of crashing the economy.  The current White House occupant is a corrupt moron and his second in command is a dick sucking moron (nothing wrong with a woman who knows how to suck a dick but it should not be her only talent).  If you have not prepared for what is to come for the remainder of the year, you're fucked.  There is no way to sugar coat the news.  You're just fucked.