American Public Education (APEI) issued inline guidance with FY2022 revenue of $600-$610 million vs. the $605.7 million consensus. As we close out another tumultuous week for equities characterized by rising concerns the Federal Reserve may overstep with its plans to return inflation to its 2% target, investor sentiment has deteriorated amid falling expectations for the economy and earnings. Vice Chair Lael Brainard and Governor Michelle W. Bowman will each moderate conversations with leaders from organizations that include nonprofits, small businesses, manufacturing, supply chain management, the hospitality industry and the housing and education sectors.