WS #13939

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Holding: newest synthesis is 84d 22h old

July CPI at 3.4% YoY as expected; market now prices 42% chance of September hike, supporting equities and pressuring yields. Lakers sold for record $12.5B to Josh Kushner and Bob Iger, a notable non-market event with potential media/entertainment implications.

US CPI in line, Fed hike odds drop

July CPI at 3.4% YoY as expected; market now prices 42% chance of September hike, supporting equities and pressuring yields.

Lakers sold for record $12.5B to Josh Kushner and Bob Iger, a notable non-market event with potential media/entertainment implications.

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