This is an environment to clip coupon and concentrate your upside. This month we outline how productivity dynamics are shaping equity returns, while measured duration and high starting yields keep portfolios invested through the noise.

t.co/woQUvFWDxq

CIO Chart of the Week: Al-related spending isn't just a tech story-it's an economic engine.
Since 2023, Al investment has consistently outpaced non-Al, driving the majority of business investment contribution to GDP. #AIInvestment
#AIEconomy
#EconomicGrowth
#BusinessInvestment
#MacroTrends

What can Rafa Nadal teach us about investing?

Nadal only won 54% of points in his career, yet he's a 22-time Grand Slam champion. Success came from winning the points that mattered most. #PointsofImpact #WinningStrategy #MarketsMatter #YieldFocus #InflationWatch #ResilientGrowth #LongTermMindset

Yesterday's GDP revision reaffirms our view that the aggregate economy remains robust, as an impressive upward revision in consumption showed that Q2 Real GDP expanded at the most rapid pace in nearly two years.

(CNBC) - The new names includes Jefferies Chief Market Strategist David Zervos, former Fed Governor Larry Lindsey, and Rick Rieder, chief investment officer for global fixed income at BlackRock.

@steveliesman.bsky.social @cnbc.com
www.cnbc.com/2025/08/13/t...

Appreciate the kind words. The focus has always been on serving markets and investors through discipline, research, and risk management. Whatever the setting, we believe policy should be evidence-driven, independent of politics, and aimed at improving outcomes for households and the broader economy.

This is all a smokescreen and doesn't matter but Rieder might be interesting.

*BESSENT HAS INTERVIEWED FOUR OF AT LEAST 11 FED CHAIR OPTIONS
*BESSENT INTERVIEWED RIEDER FOR CENTRAL BANK JOB ON FRIDAY
*BLACKROCK’S RICK RIEDER CLIMBS RANKS OF FED CHAIR CONTENDERS

* BlackRock’s Rick Rieder Climbs Ranks of Fed Chair Contenders

@bloomberg.com

CIO Chart of the Week: As markets prepare for today's highly anticipated Fed meeting, the current high-rate environment continues to weigh heavily on consumers… most notably in housing. #FinancialMarkets #USHousing #RateHikes #MacroTrends #WealthGap

Inflation data data back came in on the firmer side, with core CP| (excluding the more volatile food and energy components) increasing by 0.35% month-over-month and 3.11% year-over-year as of August, which modestly exceeded economists' consensus estimates.

Looking back at the July CPI report release on last month, we see that the volatility of MoM Core CPI remains consistent with levels from 1990–2020, a period of notable price stability. While Services ex-Shelter Inflation ticked up MoM, this aligns with seasonal patterns observed in recent years.

BlackRock’s Rick Rieder says CPI gives Fed justification for a half-point cut in September

https://www.europesays.com/2324205/

Rick Rieder, BlackRock’s chief investment officer for global fixed income, is sticking with his call for a jumbo…

Rick Rieder, BlackRock’s chief investment officer for global fixed income, is sticking with his call for a jumbo rate cut from the Federal Reserve next month after new inflation data showed less-than-expected price pressures.

Fed’s higher inflation forecast and rate projections rattle the stock market todayheadline

BlackRock chief investment officer Rick Rieder calls it a "new phase" of the rate-cutting cycle. Read More