Fed Rate hikes are looming and the market is crashing...again. Elon Musk of Tesla and eventually Twitter, we think), Snap Chat CEO Evan Spiegel, JPMorgan Chase Chief Jamie Dimon, and other executives are claiming a recession is inevitable. Musk is even laying off 10% o salaried Tesla employees according Reuters.

 

Fed Rate Hikes + War in Ukraine + Bad Fiscal Policy (Biden Admin. Spending) + Scared Executives  = NO Recession...wait what?!?!?! A lot of people who like to wear rose colored glasses are claiming that the overall economy is not heading towards a recession because of the labor market performing well. The labor market has performed well with 390,000 jobs being added last week but inflation is still rampant and if the market keeps tanking, it won't matter if jobs keep getting added if you have to work 20 hours for one tank of gas.

 

The economy is a complex place; labor markets, stock markets, government spending and federal fiscal policy, real estate markets and crypto plays, foreign wars, and global supply chain difficulties have made 2022 tough for investors...really tough. The best remedy is Long-Term investing into solid assets and STAYING EDUCATED (but you already do that because your reading the C3 newsletter).

 

 

Axon is a company that wants to build Stun-Gun equipped drones to stop school shootings.

Crypto scams lost people $1B last year. Please stick with the major coins and major wallets.

Russia has increased its territorial control from 7% at the start of the war to about 20% now.

A pint in the UK is crazy expensive. Up 70% from 2008.