Greetings,
United States: While economic growth remained robust in the second quarter, the GDP report surprised to the downside.
United Kingdom: Credit and debit card spending has fallen in recent weeks.
Equities: Robinhood’s debut session was not what investors (including retail clients) hoped to see. Will this inject some caution into the hot IPO market?
Alternatives: Global VC activity continues to grow.
Global Developments: Global price-to-rent ratios are above the long-term trend but less so than in 2006.
Food for Thought: Olympic gold medal bonuses:
Edited by Richard Holmes
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