💼 Traders bet on wild swings

CPI report set to test the market -your pre-market briefing inside →                                                                                                                                                                                                                                                                                                                                                                                                                 August 12, 2024 | [Listen Online]( | [Read Online]( First time here? [Sign up]([»]( Good morning. The Fast Five → CPI report set to [test the market](, carry-trade blowup [haunts]( markets, [bonds are back]( as a hedge, investors [snap up]( money market funds, and CrowdStrike accepts award for ‘[most epic fail](’… ⚠️ [The man who predicted the 2008 collapse now issues new warning »]( - a message from Dr. Marin Weiss Calendar: (all times ET) - Full calendar [here]( - Today: Monthly Federal budget, 2:00 PM - Tomorrow: Producer price index (PPI), 8:30 AM Your 5-minute briefing for Monday, August 12: BEFORE THE OPEN As of market close 8/9/2024. Bitcoin as of 8/11/2024. Pre-Market: US Investor % Bullish Sentiment: ↓40.54% for Wk of August 08 2024 Last week: 44.88%. Updates every Friday. Market Wrap: - Futures dipped Sunday night ahead of key inflation data. - Major averages rose Friday but didn’t fully recover: Dow -0.6% for the week, S&P -0.04%, Nasdaq -0.18%. - Investors eye PPI (Tue), CPI (Wed), retail sales (Thu). EARNINGS Here’s what we’re watching this week: - Tuesday: - [Home Depot (HD)]( - earnings of $4.52 per share (-2.8% YoY) on $43.1B revenue (+0.05% YoY) - Wednesday: Dole ([DOLE](), UBS ([UBS]() - [Cisco (CSCO)]( - analysts predict a 21.3% drop in earnings to $.85 per share on $13.5B revenue (-6.3% YoY) - Thursday: Alibaba ([BABA](), Tapestry ([TPR]() - [Walmart (WMT)]( - earnings of $.64 per share (+14.3% YoY) on $168.5B revenue (+4.3% YoY) Full earnings calendar [here](. Banks Will Default, New Warning During and after the Great Financial Crisis of 2008, 485 U.S. banks went under. We warned about 484 — an accuracy rate of 99.8% Now, I have a new warning. But this time, it’s not just about a few hundred banks. It’s about nearly every single bank in America, whether large or small. A veritable banking nightmare! [See what it is here.]( Martin D. Weiss, PhD Weiss Ratings Founder - sponsored message - HEADLINES [Traders Bet on Wild Swings With CPI Print Set to Test the Market]( As Wall Street nears the end of a tumultuous summer, the focus has shifted to this week’s consumer prices report. [CrowdStrike Accepts Award for ‘Most Epic Fail’ After Global IT Outage]( CrowStrike's president, Michael Sentonas, took the stage at the Pwnie Awards to accept the award for Most Epic Fail. - Carry-trade blowup haunts markets rattled by rapid-fire unwind ([more]() - Harris says she would never interfere in Fed independence ([more]() - Investors snap up money market funds on fears of a slowdown ([more]() - Oil refiners in US slow down, stoking global crude glut worries ([more]() - India set to close in on China as emerging-market stock anchor ([more]() - Consumers could become discouraged without rate cuts, BofA says ([more]() - Bonds are back as a hedge after failing investors for years ([more]() - Disney details vast theme park expansion projects ([more]() - Boeing gets $2.56B contract from US Air Force ([more]() - US retailers rush holiday imports, fearing strikes and disruptions ([more]() - LVMH puts mark on Olympics as luxury brands embrace sports ([more]() DEALFLOW M+A | Investments - Algonquin to sell majority of renewables unit for up to $2.5B to ease debt ([more]() - Mahindra seeks nod for $3 billion Shaanxi joint venture ([more]() - Abu Dhabi will acquire a minority stake in Sotheby’s auction house ([more]() - Bridgepoint said to explore takeover bid for software firm Esker ([more]() - HCLSoftware, announced its intent to acquire Zeenea, an innovator in data catalog and governance solutions ([more]() - Iteris, a tech ecosystem for smart mobility infrastructure management, was acquired by digital innovation group, Almaviva, at a valuation of $335M ([more]() - Nobl Q, an AI and cloud-based solutions provider, acquired Propel, a software developer specializing in advanced tech solutions ([more]() - ScanSource, a hybrid distributor connecting devices to the cloud, acquires Resourcive, IT sourcing solutions to the mid-market and enterprise ([more]() - Sendsprint, an int’l payment and remittance startup, acquired Nobel Financial Inc., a global remittance service provider ([more]() - Submittable, a social impact platform, acquired WizeHive, a company that provides cloud-based solutions ([more]() - Simplicity, a financial products distribution firm, received an investment from SkyKnight Capital and Dragoneer ([more]() VC - DevRev, an AI customer support and product development platform, raised $100M in Series A funding, at $1.1B valuation ([more]() - Myavana, a company specializing in AI-driven personalized hair care, raised $5.9M in Seed funding ([more]() CRYPTO - Michael Saylor compares potential US strategic Bitcoin reserve to the “Louisiana Purchase” ([more]() - Crypto liquid funds bet big on Solana ([more]() - Democrats launch 'Crypto for Harris' campaign to counter Trump’s appeal ([more]() BULLISH BITES 🚨 Warning:[Â]([America’s bank crisis about to get worse]( * 🤪 Guide: How to [stay sane]( when markets get wild. ⚖️ Pursuits: DOJ antitrust chief is ‘[overjoyed](’ after Google monopoly verdict. 🎙 Futuristic: Hollywood [stars of the past are reborn]( as celebrity estates cash in on AI voice cloning deals. 🚍 Toys: Inside the world’s most [luxurious]( motorhome. DAILY SHARE [tw profile: Autism Capital 🧩] Autism Capital 🧩 @AutismCapital [tw] Here we go again. 10:27 PM • Aug 11, 2024 309 Likes 20 Retweets 16 Replies [tw profile: wallstreetbets] wallstreetbets @wallstreetbets [tw] nothing can faze us 4:12 PM • Aug 11, 2024 2.73K Likes 414 Retweets 245 Replies [tw profile: sophie] sophie @netcapgirl [tw] how it feels coming back to to work as campus to talk an intern about your work 7:37 PM • Aug 10, 2024 5.27K Likes 111 Retweets 26 Replies What did you think about today's briefing? - [⭐️⭐️⭐️⭐️⭐️ Excellent, keep it comin'!]( - [⭐️⭐️⭐️⭐️ Good stuff]( - [⭐️⭐️⭐️ It was alright]( - [⭐️ Needs work]( Have a comment or suggestion? 💌 [Send us a message](mailto:feedback@marketbriefing.com) [ADVERTISE]( | [SUBSCRIBE]( *from our partners Disclaimer: Market Briefing© is a news publisher. All statements and expressions herein are the sole opinions of the authors or paid advertisers. 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