President Donald Trump signed an executive order on Thursday, August 7, potentially allowing alternative assets, such as private equity, cryptocurrencies,…
Continue ReadingApple Bounces 10% After Committing $600b to US Manufacturing
Tech giant Apple (NASDAQ: AAPL) is on the move after the company announced another $100b to manufacturing in the USA,…
Continue ReadingUpdate: Lumber Prices Up 24% YoY
This is something to watch again. Here is another update on lumber prices. SPECIAL NOTE: The CME group discontinued the…
Continue ReadingEarly Q3 GDP Tracking
From BofA: Next week, we will initiate our 3Q GDP tracker … [August 8th comment]emphasis added From Goldman: [W]e boosted…
Continue ReadingThe Compound and Friends: The Week We All Found Out
Advertisement Build Your RIA Your Way with Betterment Advisor Solutions Betterment Advisor Solutions is the all-in-one custodial platform purpose-built for…
Continue ReadingEx-Chancellor Warns UK Getting ‘Left Behind’ in Crypto Regulation Race
British politician and former Chancellor of the Exchequer George Osborne recently cautioned in a Financial Times op-ed that Britain faces…
Continue ReadingHotels: Occupancy Rate Decreased 0.1% Year-over-year; Weak Summer
From STR: U.S. hotel results for week ending 2 August The U.S. hotel industry reported mostly positive year-over-year comparisons, according…
Continue ReadingWholesale Used Car Prices Decreased in July; Up 3% Year-over-year
From Manheim Consulting today: Wholesale Used-Vehicle Prices Decreased in July Wholesale used-vehicle prices (on a mix, mileage, and seasonally adjusted…
Continue ReadingWeekly Initial Unemployment Claims Increase to 226,000
The DOL reported: In the week ending August 2, the advance figure for seasonally adjusted initial claims was 226,000, an…
Continue ReadingWhat’s Next for Prediction Markets After Kalshi’s Loss in Maryland?
So-called prediction market operators may not be quite as bulletproof as previously thought after Kalshi was dealt a significant setback…
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