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Apollo's Sløk says the U.S. remains the most dynamic economy in the world — and he uses one simple chart to make his point: the number of new business applications.
Source: Apollo, HolgerZ
Donald Trump has extended a trade war truce with China for another 90 days, two US officials have said, just hours before his Tuesday deadline to steepen tariffs on the world’s biggest exporter.
Source: FT
Watch out US CPI electricity today
Recent BBG article cites the recent 2x increase in electricity vs. broader inflation. Source: Bloomberg
Almost everyone is all-in on the Mag7 stocks
169 surveyed fund managers with $413 billion in assets said in August that the 'Long Magnificent 7' is the most crowded trade. Professionals, foreigners, and retail investors are heavily invested in these stocks. Source: Global Markets Investor, BofA
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