MRKT Matrix - Thursday, August 14th
- Stocks trade marginally lower after hotter-than-expected inflation data (CNBC)
- US Producer Prices Rise by Most in Three Years on Services (Bloomberg)
- Bessent Says He’s Not Pushing Fed Cuts, Just Touting Models (Bloomberg)
- Economist Sumerlin confirms he’s in the running for Fed chair, backs big interest rate cut (CNBC)
- Americans’ 401(k)s Are More Tied to Stocks Than Ever (WSJ)
- Behind Wall Street’s Abrupt Flip on Crypto (NYTimes)
- DeepSeek’s next AI model delayed by attempt to use Chinese chips (Financial Times)
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MRKT Matrix by RiskReversal Media is a daily AI powered podcast bringing you the top stories moving financial markets
Story curation by RiskReversal, scripts by Perplexity Pro, voice by ElevenLabs