Welcome to the February edition of the CyberCapsule. In this edition, we discuss the efforts from the Pentagon, HHS, and DOE to combat ongoing cyberattacks.
are not as investing and the wealth effect makes us feel better about spending and we are doing a lot of spending, consumer spending is very strong, consumer sentiment very strong. they can be going to taylor swift, beyoncé, everyone s going to those concerts. people are traveling around. this is very good news. and we didn t think we d be here a year ago, especially with inflation. but we need to look at the risks, and there are risks. we talked about that. look at that board let s take a look. so inflation has come down quite a bit. it was less than 1% a year ago, 3% now. but food and housing remain very expensive. the housing market is busted, ali, we know that. mortgage rates are very high, which is pushing people into rentals. rental prices are high. food prices remain high, too, especially food away from home, going out to eat, and spending a lot of money on credit cards and elsewhere. consumer record high levels. the average credit card debt, ali, $57 and part of th