The third world is canceled

And the visit of Speaker Nancy Pelosi on Taiwan caught the attention of investors and speculators for exactly the few hours as her plane wandered Asia. Moreover, even at this point, the market did not actively fall, and people with stroke eyes and the lies "we will all die" were not fussed on the Wall Street, trying to find the entrance to the nearest bomb shelter, which will allow the nuclear war.

In the end, in China and the US, unlike Russia, in power, adequate adults are able to refrain from suicide steps. Most likely, the markets joked about the known fact that Nancy Pelosi's husband was once detained on insider trade and is no exception that he was still betting. The weather in the markets was still determined by economic data, and not always unambiguous. At the same time, investors' moods remain comforting. July for the US markets has become the best month since 2020.

And the first week of August also ended in growth. The S&P500 index will open on Friday at 4151, adding 80 items in the last five trading days. As before, economists are arguing whether it will be even a minimal recession in the United States. At the same time, bond market indicators show that they are waiting. And the labor market remains powerful, although it shows the signs of slowdown. But where the recession is inevitable, it is in Britain.

This week, the Bank of England suddenly raised the rate, overcoming inflation, which is already 13% at the end of the year. In addition to common world problems, Britain's economy depresses Brexit's stupidity, adding both prices and falling economy. Instead, the dynamics of the price of oil, let OPEC+seem to have ignored Biden's visit to the Middle East and only minimally increased the production of black gold.

Brent's price dropped from $ 110 per barrel to $ 94 per barrel a week, losing almost 20% of the cost of the fears of future demand (this is the recession) and large reserves accumulated primarily by Americans. In general, Biden managed to reduce oil prices, at least so far and perhaps temporarily, but failed to radically increase production in the Middle East.