good morning. a good one. good weekend. how was yours? it was. happy mother s day? i slept, my kids made me breakfast. it was a beautiful day. i hope you had a great weekend. let s get started with five things to know this monday, may 15th. president zelenskyy is in the uk this morning meeting with the british prime minister. the visit is the latest a series of high stakes meet agz cross europe. russia experience az string of battleground setbacks. also, illegal border crossings dropping by 50% in the days after that immigration policy known as title 42 was lifted. that is according to the homeland security secretary alejandro mayorkas. he warns it s too early to know if the surge peaked. president biden is supposed to hold another round of debt ceiling talks tomorrow with kevin mccarthy and the other congressional leaders. yesterday, the president sounded opt m optimistic. ron desantis headlining big political events in iowa this weekend. the florida governor making
think of it also this way. if we have if the government has 80 secents for every dollar obligation, they re not paying veterans benefits. they re not paying social security and give you an iou. maybe medicare won t get completely funded. that will take the stock market and cause a likely recession. you see big job loss. even messing around with the debt limit and going over it, we ve already gone past it. but going past this x date and defaulting is 10% of the american economy. if there is not enough money to pay every dollar that comes in, it would just stop. we don t have a lot of time here. we do not have a lot of time. that is calendar you heard talking about. i m already talking to small buzz owners saying they re making changes and pulling back. they want to be able to pay workers this summer. we know that the effects are being felt. they had since january 19th to figure this out. even before we get to that date. right. sort of amazing to see big banks like j.p. morgan se