July 2022

I’m catching up.  May had fewer headlines, but they were pretty huge. Page One Leak from the Supreme Court that they will overturn Roe vs Wade, making abortion a state issue, not federal. Economy/Markets Federal Reserve raises rates 0.75% (huge raise).  Equity markets rally 3% on the day. Bank of England sees 10% inflation by the end of 2022 Markets crash.  Bear market intraday, but not official as it did not close down 20% from highs. S&P 500 streak of 7 straight down weeks finally breaks. Other monkeypox is a thing. PS Just when we thought SCOTUS was once again a bastion of decorum and collegiality, bam.  I’m sure it all blows over by June, right?  Ok, the media worrying kicks back into high gear next month: ESG, more inflation, and sriracha.

Looks like I fell behind in updating monthly crises.  Expect a relative flurry of posting as I catch up.  The world is ending, after all. April’s headlines were dominated by Ukraine and Elon. Ukraine Atrocities reported in Ukraine NATO strategy might not be to win, but to prolong the conflict as long as possible, bleeding Russia as much as possible Russia stops gas flow to Poland and Bulgaria for not paying in Rubles Misc Will Smith banned from the Oscars for 10 years Baseball is back!!! China locks down Shanghai and other major cities under zero–COVID policy Elon Elon buys 9% of Twitter! He’s going to be on the board! No, he’s not!  Elon might want to be active, not passive, possibly acquire more shares. Funding secured.  He’s taking it private for $44 billion! Real News Katanji Brown Jackson confirmed as Associate Justice to Supreme Court, succeeding Justive Stephen Breyer…