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17. 8. 2026
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Stocks live · indices
S&P 500
7,653
-0.3% 24h
Nasdaq
26,151
+0.7% 24h
Stocks momentumRisk-on
70/100
BearishNeutralBullish
Trend · SPXUptrend
7,786
▲ 10.0% vs 200DMA · above the 200DMA
BreadthMixed
≈ 60%est
est · share of S&P > 200DMA
VIXNo feed
est
est · VIX unavailable
HY creditTight
271 bp
• 0bp · credit calm
Biggest stocks news
UMich sentiment plummets, inflation expectations rise
Why it matters — Signals that consumer spending may slow, and the Fed faces a hawkish dilemma as inflation expectations de-anchor. Equities could face headwinds from weaker demand and higher rate uncertainty.
𝕏x.commacro
8.5
1Signalsthe 6 that matter
01
UMich sentiment plummets, inflation expectations rise
Why — Signals that consumer spending may slow, and the Fed faces a hawkish dilemma as inflation expectations de-anchor. Equities could face headwinds from weaker demand and higher rate uncertainty.
𝕏x.comMacro
8.5
02
Atlanta Fed GDPNow slashed to 4.3% from 5.8%
Why — A major downgrade to growth expectations could pressure cyclical sectors and raise doubts about the 'soft landing' narrative. Bond yields may fall, but earnings revisions could become negative.
𝕏x.comMacro
8.0
03
July core PCE estimated at 0.22% (2.67% annualized)
Why — A benign PCE print would support Fed patience, but the underlying trend is still above target. The market may interpret this as a green light for rate cuts, but the Fed will be cautious. The alternative measure suggests the medium trend is still elevated.
𝕏x.comRates
8.0
04
Rothschild dynasty says AI looks like a bubble but staying long
7.5
Why — Reflects the tension between valuation concerns and momentum. A potential inflection point if sentiment shifts. Investors should monitor for signs of capitulation or a top in AI-related names.
𝕏x.comAi
05
GPU rental rates rising, availability tight, underpinning AI demand
7.0
Why — Supports the narrative that AI capex is justified by real demand. Companies like Nvidia remain key beneficiaries. However, it also suggests pricing power and potential supply constraints, which could benefit GPU makers.
𝕏x.comAi
06
Harvard 13F filing shows massive overweight in SPCX, analyst suggests selling pressure
6.5
Why — Highlights the risk of following 13F filings blindly. The disclosure could create selling pressure on the ETF. Also underscores the crowded nature of some positions and the potential for mean reversion.
𝕏x.comEquities
2Watch4 themes · 11 notes

Rates & the Fed

Nick TimiraosDallas Fed alternative trimmed mean shows core inflation at 2.6%, suggesting some noise in headline strength.
Charlie BilelloLongest duration bond ETF down 63% from 2020 peak as 30Y yield rose from 0.8% to 5.3%.
Eurodollar UniversitySomething strange at 30-year bond auction (Aug 15) – potential demand concerns.

Earnings & sectors

The TranscriptSandisk announces $14B buyback authorization; CFO prefers buybacks over dividends.
The TranscriptAirbnb CEO: hotel nights growing 3x faster than homes business, signaling shift in travel.
The TranscriptZillow AI mode users spend 3x more time, view 2x more homes, contact agents 3x more.
Sherwood NewsNike sinks to lowest since 2014 on weak Q4 sales warning, apparel demand challenged.

Positioning & flows

Jim BiancoOnly 13% of US large-cap funds beat indexes over 10 years; active funds have outflows every year since 2015.
The Market EarBridgewater says off-balance-sheet is where real capex lives now, entering 'crunch time' for capital.
The Market EarFX volatility back to historical lows; Goldman says path of least resistance points higher.

Macro data

Brad SetserRenminbi undervalued by 21%+ per IMF, not appreciated in a decade, making Chinese exports cheap.
3Actions5 · save now, convert to tasks later

Watchlist

5 items
Track actual July PCE release (due later this month) for confirmation of 0.22% core estimate.
Monitor GDPNow updates for further Q3 growth revisions.
Watch final August UMich consumer sentiment and inflation expectations data.
Follow upcoming Treasury auction results, especially 30-year, for demand signals.
Keep an eye on AI earnings/capex announcements from hyperscalers (Microsoft, Google, Amazon).
What's expectedstocks, next 1–2 weeks
Fed's Jackson Hole symposium (late Aug) – key for rate path guidancelate Aug
Nvidia earnings (late Aug) – AI bellwether, crucial for sector sentimentlate Aug
July PCE release (Aug 29) – final inflation check before September Fed meeting29 Aug
Continued AI capex debate and data center buildout scrutinyongoing
LLM read from today's sources qualitative read, no buy/sell calls
Macro backdropat a glance
Fed pathCurve steep (+51 bp)
10Y Treasury4.63% · Easing
Crude (WTI)$84.8 · Cost push