Market 08/13: Is FED Really Seeing a Bad Economy?

If you missed the best recent articles:

• WHO WILL REPLACE POWELL?

• Venezuela: From Oil Giant to Economic Crisis

• Nobel Economics 2024: Why Do Nations Fail?

• Bessent vs FED: Controlling the Yield Curve

• FISCAL DOMINANCE - BORROW SHORT, FORGET LONG

• Stablecoin and a New Escape for US Public Debt?

Key highlights:

• FED Barkin: “Economy stable, no need to cut yet”

• Trump speaks on FED and Ukraine

• Oil inventories rise, gasoline still falls

• 30-year Mortgage rates dip slightly

• July budget deficit approaches 50%

• Japan: PPI stable, bond demand collapses sharply

• China: Disappointing credit growth

• Etoro: Good Q2 but IPO lock-up expires

• Market: Money rotation seems to have started