Tactical Short Conference Call Thursday

Please join Doug Noland and David McAlvany this coming Thursday, July 31st, at 4:00 pm Eastern/2:00 pm Mountain Time for the McAlvany Wealth Management Tactical Short Q2 recap conference call, “Terminal Phase Whipsaw” Click here to register.

Wednesday's News Links

[CNBC] Stock futures are little changed as investors analyze earnings, await Fed rate decision: Live updates

[Reuters] Oil pauses rally as markets weigh Trump's ultimatum to Russia

[Yahoo/Reuters] US economic growth likely rebounded in Q2, but with weak underlying details

[Axios] There's a massive bipartisan housing bill moving forward in Congress

[Bloomberg] Trump’s ‘Napkin’ Trade Deals Are Worry for SE Asia, Analyst Says

[WSJ] Fed Governors Could Break Ranks as Trump Intensifies Powell Pressure

[WSJ] How China Is Girding for an AI Battle With the U.S.

[FT] Will Mark Zuckerberg’s secret, multibillion-dollar AI plan win over Wall Street?

[FT] Donald Trump’s tariffs spread alarm among Brazilian farmers and ranchers

[FT] ‘Pervasive sense of fear’: China steps up exit bans as US tensions flare

Tuesday Evening Links

[CNBC] Stock futures are little changed as investors analyze earnings, await Fed rate decision: Live updates

[Reuters] Oil prices rally on US pressure on Russia, trade deal optimism

[AP] Federal Reserve likely to air divisions as it keeps rates unchanged

[CNBC] The Fed is unlikely to cut rates, but this week’s meeting is packed with intrigue

[BBC] US and China end trade talks with no breakthrough

[Reuters] Trump gets tariffs; Americans get price hikes

[Axios] Trump says India will likely face a 20% to 25% tariff

[AP] Record-breaking heat wave scorches Southeast US

[AP] Trump EPA moves to repeal landmark ‘endangerment finding’ that allows climate regulation

[Yahoo/Bloomberg] Trump Mounts New Attack Against Wind Projects on Federal Land

[Bloomberg] Fed to Avoid Clear Signal on Rate-Cut Timing

[Bloomberg] Trump’s Trade Deals Come With Few Details to Flesh Out Big Numbers

[Bloomberg] Xi Ties His Legacy and China’s Economy to $167 Billion Dam

[WSJ] Trump Administration Puts New Chokehold on Billions in Health-Research Funding

[FT] US says extended trade war truce with Beijing hinges on Trump approval

Tuesday Afternoon Links

[CNBC] S&P 500 retreats from record as comeback rally pauses before Fed decision: Live updates

[Yahoo/Bloomberg] Oil Advances on US Consumer Surprise, Trump’s Truce Pressure

[Yahoo/Reuters] US consumer confidence rises modestly in July

[CNBC] The U.S. median home price hit a record high—here’s what it would cost you per month

[CNN] Americans are growing hopeful about the economy as trade talks progress

[AP] Millionaires multiply across the US, but most find it’s not all mansions and champagne

[Yahoo/Reuters] U.S. covered call funds attract record inflows as investors seek yield

[Bloomberg] Lutnick Says More ‘Horse Trading’ Ahead With EU on Pact Details

[Bloomberg] Dealmakers Hit Summer Highs With $100 Billion M&A Haul

[FT] US companies use hot markets to slash borrowing costs on risky loans