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Creativenomics
It’s a great day to be a tree and a terrible one to be Dwight Schrute as Docusign continues to win the war against paper. Plus, Nio’s quarterly report shows the EV market is still going strong... for rich people. Meanwhile, chip stocks took a dive, and Tesla got hammered to celebrate a strong week.
Inflation Dips Again
Inflation continued to fall in July. At this point, these reports are honestly getting boring as Fed Chair JPow hits his prime and just keeps on doing his job. The numbers didn’t change much for interest rates, but they’ll probably change your spending. Check it out below.
Housing Market Up
The housing market’s trying to make a comeback, but it’s like watching your favorite sports team make a late playoff push—exciting but ultimately futile. Existing home sales are up a smidge, while new home sales are also rising, but the prices? They’re still soaring like a balloon in a hot air balloon race.