The Market is having a rough few weeks and there is no light at the end of the tunnel...yet! The comical Inflation Reduction Act by the Biden administration is
having no effect on the economy as expected and the constant spending coupled with the wiping away of massive amounts of student debt are all factors that are weighing down an already struggling economy. One silver lining is that META is getting the worst of the beating, which is a company C3 is not a fan of (Putting it lightly).
Migrant transfers from Texas and Florida to northern "Blue" districts/states are causing a lot of political debate about the essential open border policy the US currently has under the democrats in power right now. Gov. DeSantis in FL says he is just getting started. Democrats are calling for a criminal investigation into what Desantis and Texas have done. Keep in mind that the underlying ploy here by the left is to flood "Red" states with immigrants who will hopefully vote democrat.
People on both sides try to act as the morally just party, but in the end, it is all about getting the right votes to either stay in power or take power.
China and India have expressed concerns with Putin and his actions in Ukraine. This could be a huge
problem for Putin as China and India took on the lion's share of propping up the Russian economy once it was cut off from the West. Putin could be perceived as being under the thumb of the CCP and India. It is tough to tell whether this will be good news or bad news for the west.
