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Another Slightly Stronger Start
Once again, bond yields dropped in the overnight session in concert with lower oil prices. Today’s iteration is less swift than yesterday’s, but after last week’s sell-off, we’ll take any green we can get. Econ data is light and inconsequential. The 7yr Treasury auction is typically not a source of drama. That leaves focus on…
As 26-Year Stock Market Milestone Approaches, History Points to What Comes Next
Key Points The last time the Shiller P/E ratio, also known as the cyclically adjusted price-to-earnings ratio, or CAPE ratio, was this high, Bill Clinton was president. In July 2026, the Shiller CAPE ratio hit 40.91, the highest since August 2000, almost 26 years ago. For perspective, the median CAPE ratio since 2000 is roughly…
Soccer-FIFA warns of effort to undermine Infantino as leadership
FIFA Leadership Crisis Deepens Amid Efforts to Undermine President Infantino Escalating Tensions and Allegations Surrounding FIFA President FIFA’s Warning Against Undermining Infantino Aug 8 (Reuters) – FIFA on Saturday warned against what it called a “concerted and ongoing effort” to undermine President Gianni Infantino, saying attempts to challenge his leadership must follow the governing body’s…
Amazon Renews 300K SF Office Lease In Downtown San Francisco
Retail giant Amazon renewed its lease for 300K SF of office space at 525 Market St. in San Francisco, a month after shuttering its artificial intelligence lab in the city. Photo credit: Wikimedia Commons/Gianluca Cogoli 525 Market St. in San Francisco Amazon’s multiyear lease at the 38-story Financial District office tower includes an option for…
Kirkland & Ellis leads H1 2026 M&A legal rankings
Kirkland & Ellis was the highest-ranked legal adviser for mergers and acquisitions in the first half of 2026, leading both by deal value and deal count in GlobalData’s latest league table. Figures from GlobalData’s Financial Deals Database showed the firm worked on 267 transactions with a combined value of $411.8bn. Access deeper industry intelligence Experience…
NYCHA Plumber’s $465K Payday Sparks Probe Into Outside Work
A New York City public housing plumber who out-earned nearly every municipal employee last year is under investigation after records show he logged thousands of overtime hours while apparently running two private plumbing businesses on the side. Jakub Markowski, a plumber supervisor with the New York City Housing Authority, earned more than $465,000 during the…
