🇳🇴 Norway's $2 trillion wealth fund terminates Israeli asset management contracts

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🇺🇸 US CPI data is coming today at 8.30 am ET, one hour before the US market opens

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BREAKING: 🇺🇸 July CPI inflation was unchanged, at 2.7%, below expectations of 2.8%.

Core CPI inflation rises to 3.1%, above expectations of 3.0%.

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JUST IN : ⚡️Perplexity AI Seek's To Buy Google's Chrome For $34.5B: WSJ

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🇨🇳 China orders tech companies including ByteDance, Alibaba, and Tencent to suspend Nvidia chip purchases, citing national security concerns.

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🚨🚨 M2 Money Supply jumps to a new all-time high of $22 Trillion

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🇺🇸🇮🇳 US Treasury Secretary Bessent says India is not being cooperative in trade talks.

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🚨🚨 Microsoft, $MSFT, warns Windows users to stop using Google, $GOOGL, Chrome, per Forbes

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📊 Nvidia, $NVDA, now accounts for over 8% of the S&P 500, worth $4.47 TRILLION.

This is the highest weighting for any single stock in index history.

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🚨🚨 Stocks just saw their 10th largest weekly inflow in history from institutional clients

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🇺🇸 U.S. Budget Deficit increased by 20% last month to $291 Billion

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🇨🇳🇮🇳 India and China are restoring economic links strained by a deadly 2020 border clash, the latest sign Prime Minister Narendra Modi is drawing closer to BRICS after Trump hit the nation with a 50% tariff, per Bloomberg

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📊 Nvidia’s market cap hit a record high of $4.47 trillion

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🇺🇸 President Trump said the Fed should lower interests rates to 1%

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🇷🇺🇺🇦 President Trump to organize meeting between Russian President Putin and Ukrainian President Zelensky if first meeting in Alaska 'goes well.'

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📊 1. Stocks: all-time high
2. Home Prices: all-time high
3. Bitcoin: all-time high
4. Gold: all-time high
5. Money Supply: all-time high
6. National Debt: all-time high
7. CPI Inflation: 4% per year since Jan 2020, 2x the Fed's "target"
8. Fed: cutting interest rates next month

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🇺🇸 Treasury Secretary Bessent calls for the Federal Reserve to lower interest rates.

"Rates should be 150, 175 basis points lower."

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🇨🇳🇮🇳 China and India in talks to resume border trade after 5 year pause

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📊 Perplexity now valued at $20 Billion.

It was worth $520 million in January 2024

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🇺🇸 Alcohol consumption in the US has dropped to 54%, the lowest since Gallup began tracking in 1939

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🇺🇸 US PPI rises to 3.3%, higher than expectations.

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