1. Will the Huge Spike in U.S. Savings Rate Lead to Pent Up Demand?

The Daily Shot https://blogs.wsj.com/dailyshot/2020/07/31/the-daily-shot-online-job-seeking-activity-slows/

1.U.S. 10 Year Break Even Inflation Numbers Triple Off Covid Low  .50 to 1.63%

Breakeven run-away train

US Inflation expectations (10-yr breakeven) rise to their highest level since February 20: 1.63%.

https://themarketear.com/

1. 88% of Apple’s Trillion Valuation Has Been Generated Since Tim Cook Took Charge.

Tim Cook: The Apple CEO has built a cordial relationship with President Trump, despite a number of touchy issues, mostly involving Apple’s presence in China. Since Cook succeeded Steve Jobs as CEO in August 2011, Apple shares have rallied 750%. In other words, about 88% of Apple’s valuation has been generated with Cook in charge.

https://www.barrons.com/articles/apples-is-nearly-worth-2-trillion-should-you-sell-the-stock-51596846734?mod=past_editions

1. Last Week Was Biggest Equity Outflows Year to Date..

From Dave Lutz at Jones Trading

Goldman notes last week saw the biggest equity outflows YTD..

1. Internet Bubble QQQ +2400% 1990-2000….Today 201-2020 +900%

From Nasdaq Dorsey Wright