Episode Details

MRKT Matrix - Tuesday, August 12th

• S&P 500 hits new record as CPI report gives Fed green light to cut rates (CNBC)
• Inflation Held Steady at 2.7% in July (WSJ)
• The Era of Big Raises for Low-Paid Workers Is Over (WSJ)
• Trump to Nominate Bureau of Labor Statistics Critic to Lead Agency (WSJ)
• Perplexity Makes Longshot $34.5 Billion Offer for Chrome (WSJ)
• Musk threatens ‘immediate’ legal action against Apple over alleged antitrust violations (CNBC)
• China Urges Firms to Avoid Nvidia H20 Chips After Trump Ends Ban (Bloomberg)

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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