What I Read This Week…

chamath.substack.com · 383 words · saved by 1 readers

CPI decreases 0.1% in June, the spread between the S&P 500 and the S&P Equal Weight index is at a two-decade high, and scientists discover a new treatment for lupus

Watch All-In E187 Read our Deep Dive on U.S. Defense Caught My Eye… The Labor Department reported that CPI decreased by 0.1% in June, indicating that inflation has cooled. What does this mean for the Federal Reserve's interest rate policy and for American consumers? Investors now see an increased likelihood of a rate cut later this year, especially since the U.S. labor market has cooled as well. Meanwhile, while inflation is slowing, its cumulative effect continues to strain many American households, as prices for groceries and other everyday items are around 20% higher than they were…

What I Read This Week…

related reading