"We note that the biggest improvement in demand in July was reported among consumer-facing service providers, spending on which surged at a rate not seen for over four years linked to the FIFA World Cup and US Independence Day events.” S&P Global PMI www.pmi.spglobal.com/Public/Home/...

"Has the rise of passive investing broken the stock market? Is the level of passive ownership too high? No. There is no strong reason to believe that higher indexing degrades market efficiency." - Owen Lamont rpc.cfainstitute.org/research/fin...

S&P 500 all-time high 🚀📈

Polymarket is a streamer now? And it's gonna be the only place to get Italian soccer in the U.S. markets.ft.com/data/announc...

"While 91% of Japanese and 88% of American households have air conditioning, just 4% of UK homes do" - Apollo

3 brilliant quotes on the challenge of valuing companies 🧐 www.tker.co/p/aswath-dam...

3 brilliant quotes on the challenge of valuing companies 🧐

Plus a charted review of the macro crosscurrents 🔀

tker.co

4 sorta cynical things I think that are arguably bullish for stocks😞 www.tker.co/p/cynical-fo...

4 sorta cynical things I think that are arguably bullish for stocks😞

Plus a charted review of the macro crosscurrents 🔀

tker.co

A brief 9-point guide to how everything affects earnings 📋 www.tker.co/p/how-news-a...

A brief 9-point guide to how everything affects earnings📋

TKer's crash course on connecting news to the income statement 🧮🤓

tker.co

"Growth in Consumer Mentions of AI’s Influence on Economy Far Exceeded by Recent Surge of Gasoline References" - UMich sentiment survey

"By generation, confidence for Gen Z and Millennials remained the highest, while confidence fell the most for the Silent Generation on a six-month moving average basis." - The Conference Board

Profit margins are still going up 📈 www.tker.co/p/sp500-reco...

Profit margins are still going up 📈

The most surprising business story of the past five years persists 💪

tker.co

4 sorta cynical things I think that are arguably bullish for stocks😞 www.tker.co/p/cynical-fo...

4 sorta cynical things I think that are arguably bullish for stocks😞

Plus a charted review of the macro crosscurrents 🔀

tker.co

"Gas Prices Keep Climbing, National Average Jumps 15 Cents" - AAA gasprices.aaa.com/gas-prices-k...

Households’ equity ownership varies sharply across G10 - GS

A sneak preview of Wall Street's outlook for stocks in 2027 🔭 www.tker.co/p/ubs-2027-s...

A sneak preview of Wall Street's outlook for stocks in 2027 🔭

Is 2027 the year we get average returns? 📈

tker.co

"We had predicted a Spanish win in a final against Argentina ahead of the tournament, but the confidence and solidity of the team coached by De La Fuente - one goal conceded in the entire tournament - was probably beyond everyone's expectations." - Goldman Sachs

Known worries and unknown unknowns 😬 www.tker.co/p/known-risk...

Known worries and unknown unknowns 😬

Plus a charted review of the macro crosscurrents 🔀

tker.co

🍻"Bars in Greater Boston also saw a marked uptick in beer sales, which they attributed to the World Cup." - Boston Fed

Federal Reserve@federalreserve.gov · 3w ago

Read about economic conditions in Reserve Bank Districts in the #BeigeBook (1/2): www.federalreserve.gov/monetarypoli...

Craziest idea I've ever heard in my life

The Wall Street Journal@wsj.com · 3w ago

The SEC asked the public what it thought about its proposal to no longer require public companies to report quarterly financial results. More than 200,000 comments—overwhelmingly negative—rolled in.

The SEC got ratio'd into oblivion

The Wall Street Journal@wsj.com · 3w ago

The SEC asked the public what it thought about its proposal to no longer require public companies to report quarterly financial results. More than 200,000 comments—overwhelmingly negative—rolled in.

Retail sales +0.2% June +1.9% Online +1.9% Cars, parts +1.3% Sporting, hobby, music, books +0.8% Electronics +0.1% Building mats, garden +0.1% Dept stores +0.1% Restaurants, bars 0.0% Furniture -0.3% Clothes -0.4% Grocery -0.8% Health, personal care -5.3% Gas stations www.census.gov/retail/marts...

“.. Gulf allies’ leaders, meanwhile, were working frantically to get Trump on the phone in time to talk him out of the idea altogether ..” @cnn.com www.cnn.com/2026/07/14/p...

#Inflation cools, but upside risks remain 📈 #CPI -0.4% m/m in June ✅Core -0.02% 🍲Food +0.2% ⛽️Energy -5.7%: Gas -9.7% ⚠️ ✅Core gds -0.1% 🚗New -0% 🚘Used -0.2% 👕Apparel -0.6% ✅Core svc +0% 🏘️Shelter +0.1% 🏡Rent +0.1% 🏠OER +0.2% 🏨Hotel -2.8% 🏥Med -0.1% 🛫Air +0.2% 📜Car insur -2%

Deutsche Bank has an "Oasis" index, which is the price of 5 beers and 2 packs of cigarettes

A brief 9-point guide to how everything affects earnings 📋 www.tker.co/p/how-news-a...

A brief 9-point guide to how everything affects earnings📋

TKer's crash course on connecting news to the income statement 🧮🤓

tker.co

Is it easier to become a stock picker in a stock picker's market?🕵 www.tker.co/p/is-it-ever...

Is it easier to become a stock picker in a stock picker's market?🕵

Plus a charted review of the macro crosscurrents 🔀

tker.co

"Total debt of nonfinancial businesses and households as a fraction of GDP continued to edge down over the first half of 2026 and currently stands at its lowest level since the early 2000s"

Federal Reserve@federalreserve.gov · 4w ago

Today, we released our latest Monetary Policy Report. The report coincides with testimony given by the Chairman. www.federalreserve.gov/monetarypoli... (1/2)

One's cash outflow is another's cash inflow www.semafor.com/newsletter/0...

Bernanke to Anthropic, via Ed Ludlow

"Core goods price inflation had risen relative to a year earlier, which the staff judged as largely reflecting the effects of tariffs and AI-related price pressures."

Federal Reserve@federalreserve.gov · 4w ago

We have posted the minutes from the #FOMC meeting held June 16-17, 2026: www.federalreserve.gov/newsevents/p...