Workers – Wage pressure continues as even MickeyD’s is offering $30K a year.
Federal Reserve – They can posture about tapering but some weakness provides cover to keep the spigot open.
America’s MIC – Winning the Aussie sub award provides billions.
France – Macron could go all out after the AUKUS sub deal and turn the EU into a Franco-German entity that stands apart from America. Doubtful.
Atlanticists – Tension between NATO partners does not bode well for the alliance.
Chinese investors – Maybe this is China’s Lehman moment, but they handled covid well so we will wait and see.