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The Inflation Reduction Act includes health-care and energy-related provisions, a new corporate alternative minimum tax, and an excise tax on certain corporate repurchases of stock.

Stock and credit markets were buffeted throughout the quarter by steep price declines, short but sharp recoveries followed by renewed downturns carrying prices to new lows. 

Inflation not moderating, price resistance for non-essentials growing, Fed finally begins shrinking the balance sheet.

Fed tightening but Powell's heart doesn't seem to be in it.

Cost of living, lack of growth policy, and rising interest rates combining to squeeze consumers and threaten economic expansion later this year.

Will Fed follow through combating inflation; rising mortgage rates and falling truck-loadings suggesting slowdown developing if consumer spending dips.

War and inflation continue, earnings likely to continue expanding but wage growth failing to preserve worker purchasing power.

World equity prices declined in February as war worries and soaring commodity prices threatened to interrupt the post-pandemic global economic recovery.