BREAKING: 🇺🇸 JPMorgan, $JPM, chief Jamie Dimon has warned US economy faces an outcome worse than a recession
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🇧🇷 Brazil’s Supreme Court has lifted the freeze on bank accounts linked to Elon Musk's #Starlink and #X after they paid $3.3m in fines.
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Media is too big
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🇨🇳 China is set to raise the retirement age for the first time since 1978, with retirement for men rising from 60 to 63 and for women in white-collar jobs from 55 to 58, while women in blue-collar work will have their retirement age rise from 50 to 55.
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🌎 The World Bank reports that 690 million people today live in extreme poverty, equivalent to less than $2.15 a day.
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Trump: 50% chance
Harris: 50% chance
(Based on current polls and prediction markets)
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BREAKING: 🇳🇱 Netherlands to declare State of Emergency due to migrant crisis and will ask for opt-out from EU migration policy.
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BREAKING: The Telegraph reports Iran 🇮🇷 is set to deport two million Afghan 🇦🇫 migrants in six months.
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BREAKING: CNN reports that Venezuela 🇻🇪 says it has seized 400 US 🇺🇸 rifles and arrested foreigners over alleged plot to 'destabilize the country'.
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1. August Retail Sales data - Tuesday
2. August Building Permits data - Wednesday
3. Fed Interest Rate Decision - Wednesday
4. Fed Press Conference - Wednesday
5. Philly Fed Manufacturing Index - Thursday
6. August Existing Home Sales data - Thursday
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🔥 Fundstrat’s Tom Lee Forecasts Multi-Week Market Rally 🚀
Fundstrat’s Tom Lee is anticipating several weeks of good performance for the stock market following this week’s Federal Open Market Committee (FOMC) meeting.
@Fin_Watch | link
Fundstrat’s Tom Lee is anticipating several weeks of good performance for the stock market following this week’s Federal Open Market Committee (FOMC) meeting.
@Fin_Watch | link
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BREAKING 🚨: 🇨🇳 China has fined PwC a record high 441 million yuan for turning a blind eye to the largest financial fraud in history at Evergrande
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🇨🇳 China Overnight Economic Data:
Unemployment Rate: Miss 🔴
Retail Sales: Miss 🔴
Industrial Production: Miss 🔴
Fixed Asset Investment: Miss 🔴
@Fin_Watch
Unemployment Rate: Miss 🔴
Retail Sales: Miss 🔴
Industrial Production: Miss 🔴
Fixed Asset Investment: Miss 🔴
@Fin_Watch
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