DOJ'S MARTIN SAYS HE INTENDS TO INVESIGATE COOK OVER MORTGAGES
(@WalterBloomberg)
NAVARRO ON EU: WILL IMPOSE 15% TARIFF ON AUTOS, DROP FROM 25%
(@WalterBloomberg)
🚨 HAMMACK: WITH DATA NOW, WOULDN'T SEE CASE FOR SEPTEMBER CUT
(@WalterBloomberg)
*HAMMACK: NOT GOING TO SEE FULL TARIFF EFFECT UNTIL NEXT YEAR
(@WalterBloomberg)
*HAMMACK: IT'S JUST NOW THAT WE'RE STARTING TO SEE TARIFF IMPACT
(@WalterBloomberg)
DOLLAR OUTLOOK — BOFA
🔸 BofA sees euro at $1.20 end-2025, $1.25 end-2026 (vs $1.1620 now).
🔸 Fed seen resuming rate cuts despite sticky inflation, weakening the dollar.
🔸 Weak July jobs data and Fed independence concerns fuel expectations for faster/deeper cuts.
(@WalterBloomberg)
🚨 TRADERS PARE BETS ON TWO FED INTEREST-RATE CUTS THIS YEAR
(@WalterBloomberg)
US TARIFFS ON EU COULD INCREASE WHOLESALE WINE AND SPIRIT PRICES BY OVER 80 CENTS PER GALLON - TRADE GROUP ANALYSIS
LEVIES COULD RAISE $987 MLN IN FEDERAL REVENUE ONCE LOST SALES ARE TAKEN INTO ACCOUNT - TRADE GROUP ANALYSIS
(@WalterBloomberg)
TRUMP: BIDEN WOULD NOT LET UKRAINE FIGHT BACK, ONLY DEFEND
(@WalterBloomberg)
S&P GLOBAL RATINGS ANALYST SAYS ECONOMIC IMPACT OF US TARIFFS WILL BE KEY FOR FUTURE US SOVEREIGN RATING ACTIONS
(@WalterBloomberg)
US JOBLESS CLAIMS +11K TO 235K IN AUG-16 WK; SURVEY 225K
US AUG-9 WEEK CONTINUING CLAIMS +30K TO 1,972,000
US AUG-9 WEEK JOBLESS CLAIMS UNREVISED AT 224K
(@WalterBloomberg)
MUSK: GROK 5 BEGINS TRAINING NEXT MONTH
(@WalterBloomberg)
PULTE: TRUMP HASN'T MADE ANY DECISION ON FANNIE, FREDDIE IPO
(@WalterBloomberg)
FED'S BOSTIC: STILL EYING ONE RATE CUT FOR THIS YEAR BUT FORECAST IS IN FLUX
(@WalterBloomberg)
$NVDA — UBS PT RAISED TO $205 (FROM $175), BUY
🔸 UBS sees FQ2 revenue ~$46B (~$1B beat).
🔸 FQ3 guide: ~$54–55B ex-China, up to ~$57B incl. China.
🔸 Supply chain checks suggest compute +20–25% Q/Q (~+$7–8B).
🔸 Networking revenue ~$6B in FQ3 (up ~$1B Q/Q) despite 800G shortages.
🔸 UBS expects data center revenue ~$49B in FQ3.
🔸 On China: some reusable H20 inventory + new Hopper wafer orders; UBS thinks a Blackwell China version possible if U.S. eases restrictions under rare earth deal.
(@WalterBloomberg)
NAVARRO ON EU: MAINTAIN TARIFFS ON STEEL, ALUMINUM
(@WalterBloomberg)
NAVARRO: NO DEAL MORE IMPORTANT THAN WITH EUROPEAN UNION
(@WalterBloomberg)
Putin's demand to Ukraine: give up Donbas, no NATO and no Western troops, sources say
(@WalterBloomberg)
HAMMACK: BIGGEST CONCERN IS INFLATION TOO HIGH, TRENDING UP
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*TRUMP $464 MILLION NY CIVIL FRAUD PENALTY VACATED ON APPEAL
(@WalterBloomberg)
*US JULY EXISTING HOME SALES AT 4.01M; EST. 3.92M
*US JULY EXISTING HOME SALES RISE 2% M/M; EST. -0.3%
(@WalterBloomberg)
*US S&P AUG. SERVICES PMI AT 55.4; EST. 54.2
*US S&P AUG. MANUFACTURING PMI AT 53.3; EST. 49.5
*US S&P AUG. COMPOSITE PMI AT 55.4; PREV. 55.1
(@WalterBloomberg)
TRUMP: HARD TO WIN A WAR WITHOUT ATTACKING AN INVADERS COUNTRY
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$TSLA - U.S. AUTO SAFETY AGENCY OPENING PROBE INTO POTENTIAL DELAYS IN TELSA REPORTING CRASHES INVOLVING ADVANCED DRIVER ASSISTANCE SYSTEMS -- FILING
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US CONSUMER WATCHDOG TO REWRITE 'OPEN BANKING' RULE AFTER PRESSURE FROM CRYPTO, FINTECH INDUSTRIES
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$TSLA - MUSK:TESLA AUTOPILOT V14 LAUNCHES NEXT MONTH
(@WalterBloomberg)
WALMART 'KEEPING PRICES AS LOW AS WE CAN FOR AS LONG AS WE CAN' AMID TARIFFS, CEO SAYS
(@WalterBloomberg)
NASDAQ 100 FUTURES EXTENDED DECLINE TO TOUCH FRESH SESSION LOWS
(@WalterBloomberg)
FED'S BOSTIC: 50K TO 75K IS NOW CLOSER TO THE JOB MARKET'S MONTHLY REPLACEMENT RATE
FED'S BOSTIC: WITH SO MUCH IN FLUX LARGE REVISIONS TO DATA MAY BE MORE FREQUENT
(@WalterBloomberg)
🚨 SCHMID: NOT IN A HURRY TO CUT INTEREST RATES
(@WalterBloomberg)
