Strong job market, Inflation holding, Fed rate increase 0.5%Feds stay the course. Rate increase smaller into next year. Feds stall for time by dragging rate increases out over time(waiting for wage increases to settle in).<br /> <br /> China-Russia factors: Covid in China and Ukraine war. Biden is too scarred to stop the war in the Ukraine as it approches 1 year of fighting. Keeps oil prices up so USA can pump more shale oil at +$50(cost /brl for shale oil) a barrel.