What I read this week...

Infant mortality rises, the Democrats' antisemitism problem, and EV tax credits

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Caught my eye…

• Infant mortality rates in the U.S. increased for the first time in 20 years. Is this an anomaly or the beginning of the trend? What we do know: mothers are waiting longer to have children (particularly millennials) and the rates of infertility and pregnancy complications are going up. Could this also be leading to incrementally higher infant mortality rates?

• 40% of Americans say they’ve never heard of President Biden’s EV tax credits, which can subsidize the purchase of an EV by up to $7,500. When combined with state tax credits, Tesla’s Model 3 is cheaper than a Toyota Camry.

• 15 Democrats failed to support a House resolution condemning Hamas’s terror attack killing 1,400 Israelis, and 22 Democrats failed to support a House resolution condemning antisemitism on college campuses. While the Democratic Party has historically been supportive of Israel, its younger members appear to be turning away.

Other reading…

• Stanley Druckenmiller says government needs to stop spending like 'drunken sailors,' cut entitlements (CNBC)

• Powell Hints Fed Is Done With Hikes in Pivot Cheered by Markets (Bloomberg)

• Sam Bankman-Fried Is Found Guilty of 7 Counts of Fraud and Conspiracy (New York Times)

• Adam Neumann Wounded WeWork, an Office Market Bust Finished It Off (WSJ)

• AI Experts Are Worried About Regulation. There’s a Good Reason Why, Says Bill Gurley (Barron’s)

• He Pioneered Carbon Offsets to Save Tropical Forests. Now the Market Is Collapsing (WSJ)

• Amazon’s Jeff Bezos Announces Move to Miami From Seattle (Bloomberg)

• ‘Nobody Believes in Our Victory Like I Do.’ Inside Volodymyr Zelensky’s Struggle to Keep Ukraine in the Fight (TIME)

• ‘My Conversation With Elon Musk’ (Rishi Sunak on X)

On X…