4/29/2022 News Updates & Shallow Moments w/Scooter McGee

Andrew #Fahie, the elected head of government of the small #Caribbean territory, has been charged with conspiracy to import at least five kilograms of a #cocaine mixture and #conspiracy to launder money. The #DJIA is down 4.9 percent in April. The S&P 500 fell about 3.6 percent on Friday. The core personal consumption expenditures, the price index that the Fed eyes, rose 5.2 percent compared to 2021. The New York Times reported that the dramatic rise was due to “a pop in energy prices early in #Russia’s invasion of #Ukraine, along with a rise in food prices.” The #economy shrank in the first three months of the year, figures show, its first contraction since 2020. The #Census Bureau said Wednesday that the #deficit in goods jumped 17.8 percent to a record $125.3 billion in March. That broke February’s record.