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Current State of Futures Trading and Economic Forecast
The chapter covers Nasdaq futures losses, upcoming earnings reports from companies like Tesla and Alphabet, and earnings updates from companies like UPS, General Motors, and General Electric. Guest Sophia Drosus discusses market correlations, liquidity, and inflation concerns, with speculation on a potential rate cut in September due to a decrease in inflation levels. The conversation also includes discussions on the Federal Reserve's relief at inflation decrease, the country's debt and deficit, concerns about economic policy lag, the strength of the economy, and a bullish economic forecast resembling the 'roaring 20s'.