We have put to rest the first half of 2022, and we cannot say we’ll miss it. The stock market suffered its worst first half since 1970, with the S&P 5000 falling nearly 20 percent since the start of the year. The broad index is down 21 percent from its high in early January and has been in bear market territory since early June. There are some who will take comfort in the fact that the 1970 first quarter bear market was followed by a solid rebound. We are not so confident. The effective Fed Funds rate at that time was dropping from 9.25 percent in December of 1969 to 4.74 percent in December of 1970. In other words, the Fed was loosening the stance of monetary policy. Today, we have the opposite, with the Fed rapidly tightening to get inflation under control. So, we are in an unusual situation in which the economy is very likely shrinking for a second consecutive quarter while the Fed is raising rates. Federal Reserve Board Chairman Jerome Powell speaks at a news … [Read more...] about Breitbart Business Digest: The Incredible Shrinking Biden Economy
Stock gains calculator
The Best Marvel Cinematic Universe Movies to Stream Online
Beginning with 2008’s Iron Man , the Marvel Cinematic Universe has expanded to become the dominant force in modern blockbuster filmmaking and the definitive comic-book movie franchise. If you’re looking for superhero action, here are the best MCU movies to stream. Table of Contents Ant-Man The Avengers Black Panther Black Widow Captain America: The First Avenger Captain America: The Winter Soldier Doctor Strange Guardians of the Galaxy Spider-Man: Homecoming Thor: Ragnarok RELATED: The Best Pixar Movies to Stream on Disney+ in 2022 Ant-Man Play Video Director Peyton Reed helms an appealingly scaled back—both literally and cinematically—MCU adventure in Ant-Man . Small-time crook Scott Lang (Paul Rudd) steals an experimental piece of technology that allows him to shrink in size. He teams up with the suit’s inventor (Michael Douglas) to take down a rival scientist (Corey Stoll) with criminal … [Read more...] about The Best Marvel Cinematic Universe Movies to Stream Online