Liberty Call for 5/18/2022

Market Recap for 5/18/2022

Items reviewed:
Major World Market Indices
https://www.investing.com/indices/major-indices

S&P 500 Slips as Rout in Target Triggers Selloff Storm; Dow Down 1,200
https://www.investing.com/news/stock-market-news/sp-500-slips-as-rout-in-target-triggers-selloff-storm-dow-down-1000-2827542

Oil falls 2.5% as U.S. refiners ramp up output, equities retreat
https://www.investing.com/news/commodities-news/oil-prices-climb-on-hopes-of-china-demand-recovery-2826891

U.S. housing market cooling as building permits tumble, starts fall
https://www.investing.com/news/economy/us-building-permits-dive-in-april-housing-starts-fall-2827385

Wells Fargo sees end-of-year U.S. recession, cuts GDP view
https://www.investing.com/news/economy/wells-fargo-sees-end-of-year-us-recession-cuts-gdp-view-2827413

A ‘summer of pain’? The Nasdaq Composite could plunge 75% from peak, S&P 500 skid 45% from its top, warns Guggenheim’s Scott Minerd
https://www.marketwatch.com/story/a-summer-of-pain-the-nasdaq-composite-could-plunge-75-from-peak-s-p-500-skid-45-from-its-top-warns-guggenheims-scott-minerd-11652901040?siteid=yhoof2

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