Credit Bubble Bulletin

- Chronicling History's Greatest Financial Bubble

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Tuesday, August 12, 2025

Tuesday Evening Links

[CNBC] Stock futures are little changed after market returns to record highs: Live updates

[AP] US July budget deficit up 20% year-over-year despite record Trump tariff income

[AP] Trump’s nominee to oversee jobs, inflation data faces shower of criticism

[Yahoo/Bloomberg] Trump Says He May Allow Lawsuit Against Powell Over Fed Renovation

[Yahoo/Bloomberg] Bessent Hints Fed Should Be Open to a Half-Point Rate Cut

[Axios] Trump appointments could spell breakdown of economic trust

[CNBC] Trump tells Goldman Sachs CEO David Solomon to replace bank’s economist over tariff predictions

[AP] Trump’s takeover of Washington law enforcement begins as National Guard troops arrive

[Bloomberg] US July Tariff Revenue Jump Fails to Halt Wider Budget Gap

[Bloomberg] Leveraged Loan Margins Sink to Junk-Floor Level Over Summer

[WSJ] All E.J. Antoni’s Labor Statistics

[WSJ] Trump Advisers Consider Changes to How Government Collects Jobs Data

[FT] ‘The world is not going to trust our data’: Trump’s BLS pick sparks alarm

at 8/12/2025 03:32:00 PM
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