War in Stalemate

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In-Brief

• The Russia – Ukraine war is in a temporary stalemate.
• In a deal brokered by the UN and Turkey, Russia and Ukraine have agreed to a method of exporting Ukraine’s grain through the Black Sea. This will help avert a feared worldwide famine if Ukraine’s grain was not available.
• We have a rapidly changing world order. China’s miracle growth era appears to be ending. The US will stay #1 and widen its economic lead over China.
• Inflation stays historically high and is likely to stay high throughout 2022.
• China’s economy remains in deep trouble and is stagnant or in a recession.
• Biden’s political support among Democratic leaders and the media is beginning to collapse. Just 29% of DEMOCRATS want him to run for re-election in 2024. He will not be President then. He is a failed President with a failed presidency. Biden tested positive for Covid in two separate bouts last week.