You're always worried about that stuff. Don't.
Look at Nike. Excess inventory. They ordered too much and the supply chain eased faster than they thought.
Ditto Walmart and Target.
And probably every other retailer.
Know what that means from where I sit?
Junk is gonna be cheap this holiday shopping season.
Prices on consumer goods are gonna fall.
Food is gonna fall too. Oil will continue to drop.
So the only thing we have to worry about is housing and wages.
Housing will fall, 7% 30 year fixed, but it'll take about 6 more months to work its way thru.
I think rents will stay elevated though.
CRE rents will fall as more small businesses go under.
So I don't know what this "emergency meeting" is all about, but I wouldn't sweat it.
NFP.... ahhh, they make a big deal about that every time. There's no surprises, even when they come in different than the estimates.... its close enough. The Fed has the general idea already.
One more thing... all these former high flying tech stocks... they all have one silver lining.... most of them have tons of cash on their balance sheets. Some of these companies are damn good companies and they aren't going away. They have enough cash to weather the storm. It's not like U.S. Steel in the 70's. Companies like Twilio, Domo, Confluent, Snowflake, Shopify, ... they're near a bottom and they aren't going T/U anytime soon.
The Republicans take the House and then we'll have a gridlock in Congress. Wall Street loves that. So there's that too.
So.. btfd @Overnight. 2 years from now you'll look back and say "ol' VZ was right again." 
EDIT:
AND STONEY...
....quit posting so many videos on our thread here. It dilutes it.
