Please donate now to help fund our work

Up next

Elon Musk: The recession is here, you just don't know it yet

4 Views· 02 Jul 2022
John Baker
John Baker
14 Subscribers
14

In a recent interview, Tesla CEO Elon Musk talked about how he believes a recession is already here in 2022 in the economy and that recession will likely only get worse. Fears of an upcoming recession and a potential stock market crash and housing market crash are a concern for investors. Musk is putting actions around how he believes a recession is currently here by laying off employees at Tesla.

Investors are concerned a recession may happen in 2022 or a recession in 2023. As a result of high inflation, the Federal Reserve is increasing interest rates. As interest rates increase, the economy tends to start to decrease as demand for goods and services decreases as a result of higher borrowing costs. A recession is two back to back quarters of negative economic growth. During recessions, unemployment rises and inflation historically decreases. Additionally, stock prices and house prices decrease.

Invest in blue-chip art for the very first time by signing up for Masterworks: https://masterworks.art/investorcenter
Purchase shares in great masterpieces from artists like Pablo Picasso, Banksy, Andy Warhol, and more.
How Masterworks works:
-Create your account with crypto wallet or traditional bank account
-Pick major works of art to invest in or our new blue-chip art fund
-Identify investment amount, there is no minimum investment
-Hold shares in works by Picasso or trade them in our secondary marketplace
See important Masterworks disclosures: https://mw-art.co/37WwvbD.

See important Regulation A disclosures at masterworks.io/cd
*Since its inception, Masterworks has only sold three paintings, each realizing a net annual
return of over 30%. This is not an indication of Masterworks’ overall performance. Past
performance does not guarantee future results. Masterworks, in its sole discretion, may hold
paintings before selling for up to 10 years.

Show more

 0 Comments sort   Sort By


Up next