PoliticsThe Schaftlein Report
Schaftlein Report: Federal Reserve Raises the Federal Funds Rate 25 Basis Points
1) The NASDAQ rallies huge up over 15% year to date
1A) Inflation still high. Could we see disinflation?
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1B) Biden floats idea of capping credit card late fees. The earliest it could happen would be 2024 if at all. Lots of obstacles.
2) McCarthy meets Biden and says they can reach common ground?
3) Direct TV censorship of Newsmax draws Republican scrutiny
3A) Culture Wars – Smithsonian kicked out a student who was wearing a pro life hat. This should not happen.
4) Republicans introduce Articles of Impeachment against DHS Secretary Mayorkis
5) Omar to be kicked off Foreign Relations Committee?
5A) Lawyer for Hunter Biden admits the laptop is his.
6) Nikki Haley prepares 2024 run
7) Biden approval at 44%
