Is a recession coming? Is this the calm before the storm? JPMorgan Asset Management Global Head of Fixed Income Bob Michele said that today’s economic climate calls to mind the lull seen in the 2008 financial crisis.
Michele, who manages more than $700 billion worth of assets for JPMorgan, thinks the current financial situation is pretty deceptive. In an interview, he said: “This does remind me an awful lot of that March-to-June period in 2008.”
A recession has been brewing for much of the year. The recent resurgence in the stock market following climbing interest rates and high-profile bank failures is being interpreted by some financial experts as a sign that a recession could be just around the corner. The coming months’ data could end up showing that we are now in that “calm before the storm” phase.
“I’m highly confident that we’re going to be in a recession a year from now,” he added. Michele based his time assessment based on a delay caused by the COVID stimulus funds that continue to have some effect, but he still feels that there is no question where we’re headed.
One reason he feels confident making this prediction is that the Federal Reserve’s actions in the last 15 months have been their most aggressive rate increases in the past four decades. The Fed is also using quantitative tightening, and Michele says we are currently seeing moves that are normally only seen during or just before recessions. He also cited growing unemployment, dropping commodity values, an inverted yield curve and tightening credit as further signs that an economic slowdown is underway. -Natural News
Michele believes regional banks and commercial borrowers will be hit the hardest as the economy unravels. Junk-rated companies that have benefited in the past from low borrowing costs will have a hard time coming to terms with the new funding environment, and those looking for refinances for their floating-rate loans could well end up in trouble.
Jeremy Siegel, a retired finance professor for the University of Pennsylvania’s Wharton School and financial commentator, also expects a recession, although he believes it will be shallow, particularly in light of pressure in the political season to avoid a deep recession.
This next recession will probably be the last one before the rulers attempt to install their endgame program of the central bank digital currency that will fully control the still voting and naive slaves that continue to have a hard time grasping the reality of the prison planet system we are currently shackled to.
Article cross-posted from SHTF Plan.
Three Reasons a Coffee Gift Set From This Christian Company Is Perfect for Christmas
When you’re searching for a Christmas gift that’s meaningful, useful, and rooted in faith, you don’t want to settle for anything generic. This season is filled with noise — mass-produced products, last-minute picks, and trends that fade as quickly as they appear. But one gift stands apart because it blends genuine quality with a message that matters: a coffee gift set from Promised Grounds Coffee.
This small Christian-owned company has become a favorite among believers who want to support faith-driven businesses while giving friends and family something they’ll actually enjoy. Here are three reasons a Promised Grounds Coffee gift set may be the most thoughtful and impactful present you give this year.
1. It’s Truly Delicious Coffee
Too many “gift-worthy” coffees look beautiful in the package but disappoint when the cup is poured. Promised Grounds takes the opposite approach — exceptional taste first, thoughtful presentation second.
Their beans are sourced with care, roasted in small batches, and crafted to bring out a rich, smooth flavor profile that appeals to both casual drinkers and true coffee lovers. Whether someone enjoys bold, dark roasts or lighter, more delicate blends, every sip reflects quality that stands shoulder-to-shoulder with the biggest specialty brands.
Simply put: this coffee is good. Really good. Some say it’s absolutely fantastic. If you want a gift that won’t be re-gifted, ignored, or shoved in a cabinet, this is it.
2. It Spreads the Word While Serving a Real Purpose
There are many Christian gifts that are meaningful… but not exactly practical. There are also useful gifts that have nothing to do with faith. Promised Grounds Coffee bridges both worlds beautifully.
Each gift set delivers an encouraging, faith-centered message through its packaging and presentation — a simple but powerful reminder of God’s goodness during the Christmas season. The cups are especially popular and serve as a daily reminder of the blessings from our Lord. At the same time, the product itself is something people will actually use and appreciate every single day.
It’s a gift that uplifts the spirit and fills the mug. A gift that points loved ones toward Scripture while still being part of the normal rhythm of life. And in a culture that increasingly pushes faith to the margins, giving a gift that quietly but confidently honors Christ can make a deeper impact than you might expect.
3. It’s Affordable, Valuable, and Elegantly Presented
Many people want to give something meaningful without breaking their Christmas budget. Promised Grounds Coffee strikes that perfect balance — the sets look and feel premium, but the price remains accessible.
The packaging is classy, clean, and gift-ready, making it ideal for:
- Family members of all ages
- Co-workers or employees
- Church friends or small-group leaders
- Hosts, neighbors, and last-minute gift needs
It’s the kind of gift that feels more expensive than it is — and more thoughtful than most of what you’ll find on store shelves.
The Perfect Blend of Faith, Flavor, and Christmas Cheer
A coffee gift set from Promised Grounds Coffee checks every box: a gift that tastes amazing, conveys your faith, supports a Christian business, and brings daily enjoyment to the person who receives it. In a season when so many gifts are forgotten, this one stands out for all the right reasons.
If you want a Christmas present that reflects your values and delivers genuine joy, Promised Grounds Coffee is the perfect place to start.
Printing wealth what they please for over a hundred years has gotten us to this point. So yes, to answer you question something HUGE is coming and will be related to the mark of the beast. Get your house in order. God or mammon?