UPDATE: The FOMC, Markets and Cinco deMayo

By Staff Reporters

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FOMC: The Federal Reserve approved a rare half-percentage-point interest rate increase and announced plans to shrink its $9 trillion asset portfolio starting next month in an effort to reduce inflation that is running at a four-decade high.

Markets: Stocks boomed after Fed Chair Jerome Powell spoke. Still, JPMorgan CEO Jamie Dimon pegged the probability of a recession at 33% and a “soft landing” (lower inflation, no recession) also at 33%.

And Lyft, the ride-hailing company lost nearly 30% of its value after its profit outlook came in below forecast. Uber tried to distance itself from its ailing rival, saying that it does not need to spend money recruiting drivers like Lyft does.

Cinco deMayo commemorates the defeat of French forces by the Mexican army at the Battle of Puebla in 1862, but its popularity jumped in the 1980s, when beer companies leveraged it in aggressive marketing campaigns. Now, Cinco de Mayo is a day for celebrating Mexican culture and, interestingly, it’s now more popular in the US than in Mexico.

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Happy Cinco de Mayo 2022

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Celebrate Despite Covid-19; BUT SAFELY Mask-Up

By staff reporters

Cinco de Mayo [siŋko ðe ˈmaʝo]; Spanish for “May 5th”, or literally, “Five of May”] is a celebration held on May 5. The date is observed to commemorate the Mexican army‘s unlikely victory over French forces at the Battle of Puebla on May 5, 1862, under the leadership of General Ignacio Zaragoza Seguín.

In the United States, Cinco de Mayo is sometimes mistaken to be Mexico’s Independence Day—the most important national holiday in Mexico—which is celebrated on September 16.

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Conclusion

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How to Achieve Health Equity?

How Flexible Payment Options Are Changing Healthcare

A Guest ME-Post

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Todd Berner MD discusses how you can achieve health equity.

LINK: https://toddberner.com/how-flexible-payment-options-are-changing-healthcare/

RELATED: https://toddberner.com/why-digital-is-the-next-frontier-of-health-equity/

CITE: https://www.r2library.com/Resource/Title/082610254

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