Why are world powers moving naval assets to the Middle East and why does it matter for your portfolio? And what’s going on in Congress? Read it all in this week’s Great Game
US Policy Watch: Speakership chaos and IRA explained
US Politics is in a state of gridlock. We give our latest view on the affairs on Capitol Hill below
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Something for your Espresso: Bye bye Oprahnomics?
The IRA has saved the US from entering a recession alongside peers this year. If the appropriations negotiations this week lead to a bye bye to Oprahnomics, then we consider a recession a done deal for 2024. Buckle up!
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Manufacturing Nugget: The Inflation Refueling Act?
The Inflation Reduction Act (IRA) intended to deliver both an expedited ‘green’ transition as well as a +$300 bn deficit reduction. But, what are the measurable effects circa a year later?
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