Dollar Tumbles, Euro Soars After Obamacare Repeal Dies; China Intervenes To Halt Rout
Bulletin headline summary from RanSquawk
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Europe
NATO Member Turkey Turns To Russia For Air Defense Cooperation
Authored by Peter Korzun via The Strategic Culture Foundation,
Car-Theft Ring In The Netherlands Has Stolen Nearly A Dozen Teslas
Earlier this month, Tesla CEO Elon Musk unveiled the firs production model o the Tesla Model 3, the company’s first sedan marketed toward broader cohort of working Americans who had presumably balked at the price tag of the company’s older model. Musk sees a truly “mass market” car as insurance against the types of sales declines that briefly sent the company’s shares into bear-market territory about a week and a half ago.
Can Japan Ever End Its Easy-Money Addiction?
Authored by Brendan Brown via The Mises Institute,
Frontrunning: July 17
- Americans Feel Good About the Economy, Not So Good About Trump (BBG)
- GOP Leaders Brace for CBO Estimate on Revised Health-Care Bill (BBG)
- From $2 Billion to Zero: A Private-Equity Fund Goes Bust in the Oil Patch (WSJ)
- Turkey Building Up Army Base in Qatar, Erdogan Adviser Says (BBG)
- U.S. Companies Have a New 401(k) Fix: Spend More (WSJ)
- Plastic-Versus-Cash Battle Heats Up After Visa, Mastercard Deals (BBG)
- China's strong second-quarter GDP growth paves way for deeper reforms (Reuters)