Everything indicates that growth will be slower: US industrial companies experience significant business slowdown in China; Student loan payments resume in September.

Industrial US companies are seeing their businesses in China slow down considerably. DuPont, Dow and Caterpillar have cut their sales outlook for the country into this year. https://t.co/LJ0ARJ9jMW Tesla cut prices in China again. https://t.co/tuTnwNZFSO

— Lisa Abramowicz (@lisaabramowicz1) August 14, 2023

Everything is fine … 🔥🔥🔥

Student loan payments resume in September. pic.twitter.com/l7C34hjf10

— Wall Street Mav (@WallStreetMav) August 14, 2023

Google Trends peaks in search interest for 'soft landing'

July 2006
June 2008
September 2019
Present pic.twitter.com/XwVGBz5Ysk

— Don Johnson (@DonMiami3) August 13, 2023

https://t.co/wJy5UY8SGE

— Win Smart, CFA (@WinfieldSmart) August 13, 2023

8.2% of US homes are worth at least $1 million, down from a peak of 8.6% in Jun 2022 but still much higher than the 4.2% in Jan 2020. pic.twitter.com/cGXQ6CB21U

— Win Smart, CFA (@WinfieldSmart) August 13, 2023

Good Morning Everyone! All eyes on the U.S. consumer this week as Home Depot, Target, and Walmart report earnings and July retail sales data drops. With consumer spending making up +70% of the U.S. economy, dissecting this data is crucial for uncovering hints of an incoming… pic.twitter.com/pZMaX4tRcP

— Genevieve Roch-Decter, CFA (@GRDecter) August 14, 2023