MARKET NEWS / CREDIT BUBBLE DAILY

Sunday, August 3, 2025

MARKET NEWS / CREDIT BUBBLE DAILY
Sunday, August 3, 2025
Doug Noland Posted on August 3, 2025

[Reuters] Wall St Week Ahead AI gains and strong earnings support Wall Street as tariff woes linger

[Yahoo/Reuters] Latest Trump tariffs unlikely to budge, top negotiator says

[AP] From Laos to Brazil, Trump’s tariffs leave a lot of losers. But even the winners will pay a price

[Yahoo/Fortune] The Federal Reserve’s power: Congress giveth and Congress can taketh away

[Yahoo/Bloomberg] OPEC+ Agrees Output Hike to Finish Unwinding Round of Cuts

[Axios] The American Dream’s closing gate

[NYT] Trump Fired America’s Economic Data Collector. History Shows the Perils.

[NYT] Trump’s Tariffs Are Making Money. That May Make Them Hard to Quit.

[NYT] Trump Will Slow, but May Not Stop, the Rise of Electric Vehicles

[WSJ] The AI Boom’s Hidden Risk to the Economy

[WSJ] Unemployed Americans Endure Longer Job Searches in a Cooling Market

[WSJ] Trump’s ‘Slap in the Face’ Puts Neutral Switzerland in Trade-War Crossfire

[WSJ] Why Drug Prices for Some Big Medicines Will Remain High for a Longer Time

[FT] Trump tariffs are ‘unsustainable’, says Mexico’s auto sector chief

[FT] Japanese farmers’ bank vows caution after $12bn loss from Treasuries bet

[FT] Russian oil depot in Sochi set ablaze by Ukrainian drone strike

[FT] Heatwaves test Europe’s electricity system as air conditioning use soars

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