The U.S. economy might be headed for a bout of high inflation and slow growth, but economists expect it to be far less severe than the malaise of the 1970s. https://t.co/XLOReAsJ3d ...

Economists see slow US economic growth for the remainder of the year and well into 2026, with steady, tariff-driven inflation buffeting consumers https://t.co/8VL8t9J0iu ...

The Indian rupee slumps to a record low versus the dollar on worries over the impact of 50% US tariffs on the country’s economic growth and corporate earnings https://t.co/5bLcOVinTx ...

Economic Growth Forecast - Denmark is cutting its forecast for 2025 economic growth by more than half [1] - The cut is due to weaker prospects for pharmaceutical giant Novo Nordisk [1]

U.S. equities were mixed and little changed at midday as the market weighed more corporate earnings reports and the latest report on U.S. economic growth. https://t.co/Gsqpp8Bixq ...

Economic Overview - Q2 GDP improved to +3.3%, marking the best growth in nearly two years, with a 30 basis points increase from the initial print and 20 basis points above expectations [2] - Consumption rose to +1.6%, the best quarter since Q4 of the previous year [2] - The Pricing Index remained unchanged at +2.0%, down from +3.8% in Q1, indicating cooling inflation [3] - Core Pricing reached +2.5%, 100 basis points lower quarter over quarter [3] - Inventories decreased to -3.3% in Q2 from +2.6% in Q1, while Net Trade improved to +5% this quarter from -4.6% last quarter [3] Job Market Insights - Initial Jobless Claims were reported at 229K, slightly below the expected 230K, marking the eighth downward shift since June [4] - Continuing Claims stood at 1.954 million, down from the revised 1.961 million, remaining above 1.94 million for 12 consecutive weeks [5] Earnings Reports - Dollar General (DG) reported earnings of $1.86 per share, exceeding estimates by +19.23%, with revenues of $10.73 billion, a +0.47% beat, and raised guidance [6] - Best Buy (BBY) posted earnings of $1.28 per share, surpassing expectations by +4.9%, with comparable sales turning positive at +1.5% [7] - Dick's Sporting Goods (DKS) reported earnings of $4.38 per share, exceeding estimates by +2.1%, and raised future guidance despite a recent acquisition miss [8] - Burlington Stores (BURL) saw earnings of $1.59 per share, beating consensus by +25%, with revenues of $2.71 billion, a +2.5% beat [10] Market Expectations - Pending Home Sales for July are expected to bounce back to +0.3% from -0.8% the previous month, following a year-over-year decline of -2.8% in June [11] - Major companies such as Marvell Technologies, Dell Technologies, and Ulta Beauty are set to report Q2 earnings later in the day [12]

Russia is struggling to meet even the central bank’s modest growth forecast, casting doubt on Governor Nabiullina’s assurances the economy isn’t cooling under high rates https://t.co/Wi11TOWqjP ...

The Swedish government is preparing a fiscal push to get the struggling economy growing again as the largest Nordic state heads into an election year https://t.co/1mCsU7TCwx ...

Short-maturity Treasuries fell slightly after strong US economic growth and employment data made a small dent in the market’s conviction the Fed will cut interest rates twice by year-end. https://t.co/vr2Bp5KmJg ...

Core Tenets - Endogenous growth theory links human capital, innovation, and investment to economic growth [1] Areas of Focus - The theory explores the relationship between human capital, innovation, and investment [1] Further Exploration - The report encourages deeper insights into the core tenets and criticisms of endogenous growth theory [1]