Market 08/12: Corporate Bankruptcies Hit 13-Year High

New Video: The Real Purpose Behind the Existence of the FED?

Key highlights:

• Chapter 11 corporate bankruptcies hit 13-year high

• Hurricane Beryl not the cause of unemployment rate rising to 4.3%

• Inflation expectations hit 11-year low

• OPEC cuts oil demand forecast for first time since 2023

• Iran-Israel war threat returns

• Kamala Harris leads Donald Trump in the election

• Market: Investors continue to sit on the sidelines ahead of a volatile week