🇺🇸 FED SPEAKERS THIS WEEK:

FOMC MEMBER WALLER (MON. 9:15AM)
FOMC MEMBER BOSTIC (TUES. 1:35PM)
FOMC MEMBER BARR (TUES. 2:45PM)
FED FOMC MINUTES (WED. 2:00PM)
FED CHAIR POWELL (FRI. 10:00AM)

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🚨🚨 Over half of Fortune 500 companies cited artificial intelligence #AI as a potential risk factor for their businesses, according to a survey of annual financial reports by research platform Arize AI - SeekingAlpha

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🇺🇸 U.S. recession probability drops to 20% Goldman Sachs economists revise estimate after positive retail sales and job numbers.

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🇺🇸 One out of every 15 Americans is a millionaire, UBS has said.

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🇺🇸 Fed should have cut rates in July, BlackRock, $BLK, manager has said per Reuters.

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BREAKING: 🇺🇸 US new bankruptcy filings hit 6,276 in Q2 2024, the highest level since Q2 2017.

The number of companies declaring bankruptcy has DOUBLED in just 2 years.

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BREAKING: 🇺🇸 Kamala Harris says she would raise the corporate tax rate to 28% if she is elected president.

The corporate tax rate has been 21% since 2018.

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BREAKING: 🇯🇵 Hedge funds have turned bullish on the Japanese Yen for the first time since 2021.

Leveraged funds are now net long 86 contracts on the Yen worth ~$7 million, according to CFTC data.

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📣 Eli Lilly $LLY CEO says people on GLP-1 weight loss drugs eat 800 calories less per day - CNBC

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🇦🇿 Azerbaijan formally applies to join BRICS.

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🌍 WHO spokesperson: No need for lockdown due to new monkeypox outbreak.

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