The Fed, Stocks & CBDC

Check out the accompanying pdf and chart collection. (1) Fed Chair Powell fails to calm investors’ nerves. (2) Bracing for higher interest rates and balance-sheet reductions. (3) The cloud, 5G, and consumer spending boost earnings of Microsoft, Corning, and AmEx. (4) The average stock not down as much as index performance would suggest. (5) The MegaCap-8 stocks take their toll. (6) Athletes can try China’s digital currency—the e-CNY—at the Olympics. (7) The Fed is STILL studying a digital dollar. (8) Assessing the digital dollar’s impact on banks, monetary policy, privacy, and money laundering.