China Shutting Down Shanghai

Some 26 million residents of China’s economic capital of Shanghai will be confined to their homes as Beijing imposes a massive citywide lockdown starting on Monday in a bid to maintain a ‘zero-Covid’ policy. The lockdown will be conducted in …

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$1 Trillion Tax Hike…

Sen. Joe Manchin (D‑W.Va.) told a group of climate activists and energy executives he’s open to supporting revised Build Back Better legislation narrowly addressing three issues: climate change, prescription drug prices and deficit reduction. Why it matters: Manchin’s private comments …

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Hot UK inflation spurs biggest bets on rate cuts in 15 years; Italy economy to face hardest blow from surging gas price

Hot UK inflation spurs biggest bets on rate cuts in 15 years https://t.co/PQOUbHGmyw via @highisland pic.twitter.com/3XtL6xe2AW — Zoe Schneeweiss (@ZSchneeweiss) March 27, 2022 https://twitter.com/PriapusIQ/status/1508401228161593346 https://twitter.com/PriapusIQ/status/1508405146409213959 🇪🇺 Traders Bet #ECB to Hike Interest Rates Four Times Within a Year – Bloomberg*Link: …

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Brink…

Brink… https://t.co/Pcq5Hlv6g6 — Doomberg (@DoombergT) March 28, 2022 Icahn warns US economy could tip into recession or worse

Why rising rates don’t matter… yet

by BFox1982 There’s been a ton of talk lately about the Fed taking a more hawkish stance in policy. Bears are shaking their heads as the market quickly gained back the majority of their losses from the beginning of the year. …

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