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Global Market Events and Inflation
This chapter discusses various events happening in the global market, including President Biden and former President Trump's visit to Detroit, the settlement between studios and the Writers Guild of America, and the FTC's lawsuit against Amazon. It also focuses on the performance of the S&P 500 and Nasdaq, the increase in bond yields, and the Fed's projections for interest rate hikes and cuts. Additionally, it highlights the current state of inflation and its impact on the economy, along with the potential impact of rising interest rates on the credit world.