Liz Truss succeeds Boris Johnson as the fifteenth prime minister of Britain under Queen Elizabeth. She did not win a general election but won the leadership of the Conservative Party, implying that she has a tough road ahead, keeping both her party and the people happy.
Consumers turn gloomy as the holiday season begins.
The RealClearMarkets/TIPP Economic Optimism Index is the earliest take on consumer confidence each month and predicts with high reliability monthly changes in sentiment in well-known polls by The Conference Board and the University of Michigan. Began in February 2001, the Indices were developed by TIPP for its media partners
Competition between the two major powers.
High-interest rates are a major factor in slowing EV demand.