WARNING SHOT: More hikes coming

“The economy added fewer jobs than expected, though unemployment remained low.”

“Unemployment is at 3.5%, a bit lower than the 3.6% expected, but the economy is definitely slowing.”

“That might actually be good news for those who are betting everything on the Federal Reserve cutting interest rates…”

The Mini World War

“As the war in Ukraine stagnates, Russia is expanding the battlefield.”

Saudi Arabia Makes Its Move

“Now, Saudi Arabia is showing its independence in a way that will hurt the American economy – and President Biden’s re-election chances.”

Does The Debt Downgrade MATTER?

“My entire life, I’ve been told debt will bring down the American economy. It will happen eventually. It won’t happen soon. Nonetheless, I expect plenty of excitable headlines based on what Fitch Ratings just did.”

Starbucks Reports Earnings

“Starbucks (SBUX) posted $1.00 earnings per share, slightly beating expectations of just $0.95 per share. Same store sales were up, especially internationally. China was huge for the company – same store sales were up almost 50%.”

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