NewsWatch: The bear case for stocks is ‘so obvious, it can’t be right’


Stocks look on track for a rally Thursday as trade-war fears apparently abate again. It may be time to just throw up your hands and buy ’em, suggests our call of the day from Kevin Muir, the strategist behind the Macro Tourist blog/newsletter. See full story.

Consumer inflation hits 6-year high, CPI shows

A yardstick of consumer prices known as CPI shows that inflation rose in June to the highest yearly rate since 2012, reflecting a U.S. economy that’s running hotter than anytime since the Great Recession. See full story.

How to avoid a trade war: just walk away

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