Nvidia ​​​has instructed key suppliers to suspend China-specific H20 AI chip production. The directive comes after Beijing has pressured local companies to avoid using the H-20s for security concerns.

Several states, including Rhode Island, Washington, Montana, Hawaii, and Maryland, are rolling out new wealth taxes. History is very clear about what’ll happen next. That’s why I am once more eyeing the “box makers”.

Clearly from the opposite end of the spectrum, the prior week’s report of wholesale inflation via July’s Producer Price Index may well warrant a rate hike, given that month’s annualized +10.8% pace. 

Thinking of buying a starter home? Be careful! Home prices remain stubbornly high, mortgage rates remain stubbornly high, or the cost to rent drops.

The Hang Seng Index continued its strong rally last week and was hovering near its highest swing since November 2021. It has jumped to a high of $25,330 on Friday, up sharply from a low of $14,627, its lowest swing in 2022. 

In the midst of lifetime highs, let’s take a stroll through some major cash index markets.