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President Biden’s economic policies called Bidenomics have been focused on boosting the US economy, creating jobs and increasing wages for struggling middle-class families. His policies, which include increasing stimulus spending and increasing taxes for the wealthy, have increased consumer spending and have improved economic conditions on the whole. Market analysts believe this will likely lead to a soft-landing for the economy and tame inflation concerns.

By Noah Prescott 07/08/2023

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The U.S. has deployed warships in the Bering Sea due to a heavy Chinese and Russian naval presence nearby Alaska. This is in response to China and Russia’s increasing assertiveness in the Arctic region. The deployment of these warships is seen as a show of force towards the two other countries.
Stocks could be volatile due to some key corporate financials being released this week. Investors may be closely watching the update to the Fed’s policy statement, which is due out Wednesday, August 8th. Finally, major corporations like Yum China, IAC, and Tesla, will be releasing earnings after the markets close on Monday.

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