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perle's avatar

Thank you for this essential roundup. The only thing I would modify is we are at the edge of the abyss, thank you Congress, and Powell’s thinking is that it is essential to preserve some semblance of fiscal integrity, come what may. Outright deflation is a very strong possibility, as the markets adjust to no more free money. With all these homegrown problems, Ukraine, where's that?

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Steghorn21's avatar

No mention of the Deux ex machina here, Putin. He's just sitting and waiting. He, Lavrov and Medvedev are probably sitting in a smoky room, playing poker to kill time as the whole West falls to pieces.

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