
- Prior month 3.0% revised to 3.1%
- Japan services PMI July 2.8% versus 2.9% expected
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Stocks & gold hit record highs on cooling inflation & jobless claims, fueling Fed rate cut bets. S&P up 0.85%, Dow +1.36%.
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Dividend Kings yield <3%, up 4.5% YTD vs. AI stocks. SWK yields 4.2%, CL yields 2.5%. Is dividend investing dead?
China to nearly double battery storage to 180 GW by 2027 in $35bn plan Beijing targets 180 GW battery storage by 2027, led by BYD, CATL
Ex-Goldman CEO Blankfein warns of US crisis, citing narrow credit spreads near historic lows & private credit growth.
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