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• Wall Street's most highly regarded titans are warning 'the worst is yet to come' for stocks.
  Here's why people like Ray Dalio, Jeremy Grantham, Carl Icahn, and Scott Minerd are bearish...
  Here's why people like Ray Dalio, Jeremy Grantham, Carl Icahn, and Scott Minerd are bearish on the market's near-term prospects.
  
  Things haven't looked good for stocks in 2022. According to some of Wall Streets' biggest names, it's only going to get worse.
  
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• Central banks around the world are willing to risk recession to fight inflation — and early signs suggest widespread pain for everyone, everywhere
  More than 80 central banks are raising interest rates to cool inflation. The synchronized effort could...
  More than 80 central banks are raising interest rates to cool inflation. The synchronized effort could send the global economy into a tailspin.
  
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• Here’s what Italy’s elections will mean for bonds, the euro and banks
  As if Europe hasn’t got enough on its plate — war in the East, rampant inflation and an energy crisis...
  As if Europe hasn’t got enough on its plate — war in the East, rampant inflation and an energy crisis — now Sunday’s general elections in Italy is poised to deliver a far-right coalition led by Giorgia Meloni, whose Brothers of Italy party has fascist roots, a populist fiscal policy and deep Euro-skepticism.
  
  So what would a Meloni government mean for markets, both within Italy and beyond? Here are some things to consider.
  
  Watch the spread. The yield spread between the benchmark Italian 10-year government bond (BTP Italia) TMBMKIT-10Y, 4.353% and the German equivalent (Bund) TMBMKDE-10Y, 2.024% is the most closely followed gauge of how investors view Italy’s prospects.
  
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• Germany Secures Just One Tanker of Gas During Scholz’s Gulf Tour
  German Chancellor Olaf Scholz secured just one shipment of liquefied...
  German Chancellor Olaf Scholz secured just one shipment of liquefied natural gas from the United Arab Emirates, with a non-binding agreement for more, as Europe’s biggest economy struggles to replace Russian supplies.
  
  The cargo -- 137,000 cubic meters -- will be delivered by Abu Dhabi National Oil Co. to German utility RWE AG by early 2023. ADNOC also signed a memorandum of understanding to make more deliveries next year. An ensuing trip to Qatar didn’t immediately yield any more deals.
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• Where will Ian make landfall after intensifying in the Gulf? ‘Significant uncertainty.’
  Tropical Storm Ian likely will rapidly intensify into a major hurricane once the storm moves over the warm Gulf of Mexico, but weather officials on Sunday can’t say with confidence where landfall will be in the U.S.
  
  “Once the cyclone emerges over the southeastern Gulf of Mexico, the spread in the track guidance increases at days 3-5,” the National Hurricane Center in Miami said at 10 a.m. CST. “There is still significant uncertainty in the long-range track forecast of Ian, and future adjustments to this portion of the forecast will likely be required.”
  
  Ian is expected to make a turn northwest later Sunday as the tropical storm passes southwest of Jamaica, then it will begin moving in a north-northwestern motion. The center of Ian is expected to be west of the Cayman Islands on Monday and “near or over western Cuba by early Tuesday,” the NHC said.  A hurricane warning is in effect for Western Cuba.
  
  
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