99 Problems, But Mitch Ain't One

<p>It was bad enough that Michael Burry - the investor who profited from the subprime mortgage crisis by shorting the 2007 mortgage&nbsp;bond market - just took a $1.6 billion dollar short on the market again. Now, the man, the myth, the legend is that the great investor in world history - Warren Buffett - has just dumped $8 billion dollars of stock and is moving to a cash position. The boy think these are very telling signs of an impending recessionary economy by two men who know what they are doing. At the same time, a new report out states that 61% of Americans are living paycheck-to-paycheck and US department stores are seeing higher credit delinquencies amid strained spending. It's a wild episode that is capped by a special collaboration between Mitch McConnell and Jay-Z.</p><p><strong>Resources:</strong></p><p><a href="https://www.thestreet.com/investing/warren-buffett-just-dumped-8-billion-in-stocks-heres-why-economists-are-worried" rel="noopener noreferrer" target="_blank">Warren Buffett just dumped $8 billion of stocks (here's why economists are worried)</a>&nbsp;(The Street)</p><p><a href="https://www.cnbc.com/2023/08/31/living-paycheck-to-paycheck-inflation-is-still-squeezing-budgets.html" rel="noopener noreferrer" target="_blank">61% of Americans are living paycheck to paycheck — inflation is still squeezing budgets</a>&nbsp;(CNBC)</p><p><a href="https://www.reuters.com/business/retail-consumer/us-department-stores-see-higher-credit-delinquencies-amid-strained-spending-2023-08-24/" rel="noopener noreferrer" target="_blank">US department stores see higher credit delinquencies amid strained spending</a>&nbsp;(Reuters)</p><p><a href="https://www.reuters.com/world/us/us-job-openings-july-post-third-straight-monthly-drop-2023-08-29/" rel="noopener noreferrer" target="_blank">US labor market loses steam as job openings, resignations decline</a>&nbsp;(Reuters)</p><p><a href="https://www.cnbc.com/2023/08/30/us-job-growth-slowed-sharply-to-177000-in-august-below-expectations-adp-says.html" rel="noopener no