Wonder what traders are talking about today?
We’re here with the top 10 stories we’re sharing with colleagues today, covering topics like:
- What the Fed is saying about inflation and interest rate policy
- What ECB President Mario Draghi could say at Jackson Hole
- Apple's Hollywood invasion
And more!
So check out these links right now and get up to speed:
1) Fed Sees Balance-Sheet Move Soon as Inflation Debate Heats Up (Bloomberg)
Federal Reserve officials engaged in a detailed debate about inflation while keeping the door open for a September announcement on the timing of balance-sheet reductions, according to minutes from their policy meeting in July.
2) ECB's Draghi will not deliver fresh policy steer at Jackson Hole: sources (Reuters)
European Central Bank President Mario Draghi will not deliver a new policy message at the U.S. Federal Reserve's Jackson Hole conference, two sources familiar with the situation said, tempering expectations for the bank to start charting the course out of stimulus.
3) Scott Redler Ultimate Access Interview (T3 Live)
Welcome to your FREE preview of T3 Live’s Redler All-Access newsletter.
Redler All-Access gives you a complete trading plan from T3 Live Chief Strategic Officer and frequent CNBC guest Scott Redler.
4) Apple is bringing a billion-dollar checkbook to Hollywood, and wants to buy 10 TV shows (Recode)
Apple is officially open for business in Hollywood.
The company is telling content makers it wants to spend $1 billion on its own stuff over the next year. That’s music to studios’ ears, and a tune they have been expecting for some time — especially after Apple hired two top Sony TV executives in June.
5) Amazon Shares Fall After Trump Says It Hurts Retailers (Bloomberg)
U.S. President Donald Trump once again unloaded on Amazon.com Inc., tweeting that the company is hurting other retailers and implying that it’s killing industry jobs across the U.S.
Amazon is causing “great damage to tax paying retailers,” Trump said in a Twitter post Wednesday, causing shares in the online retailer to fall as much as 1.2 percent in early trading.
6) 7 Ways to be Just Another Failed Trader (T3 Live)
Do you want to fail as a trader? Do you want to miss your next mortgage payment?
Or pull your daughter out of private school because you can’t make tuition next month?
Well you’re in luck! Because we’ve got 7 surefire tips for failing as a trader!
7) Which Came First, The Taco or the Egg? (AdvertisingAge)
Taco Bell is getting “naked” again, dropping its usual taco shell for a Naked Egg Taco, where a fried egg is the shell. Folks eager to try it early can do so by reserving — yes reserving — on Open Table. Chick-fil-A, meanwhile, is replacing its breakfast burrito with an updated version and offering a breakfast bowl with either sliced chicken nuggets or sausage.
8) The Maloof brothers made what is believed to be the biggest bet yet on Mayweather-McGregor fight (Business Insider)
Gavin and Joe Maloof are so confident Floyd Mayweather Jr. will beat Conor McGregor that they bet $880,000 on it.
And if the Maloof brothers are big winners along with Mayweather on Aug. 26, they are giving the proceeds of their whopping wager to charity.
9) What You Should Know About the Pro-Vegan Netflix Film ‘What the Health' (Time)
The recent pro-vegan Netflix documentary, What the Health, is under fire from nutrition experts. The film, which is co-directed by Kip Andersen and Keegan Kuhn—the creators of another Netflix documentary, Cowspiracy—and co-produced by actor Joaquin Phoenix, is being criticized by some health professionals for exaggerating weak data and misrepresenting science to promote a diet that avoids all animal foods.
10) Life Advice from 100-Year Olds (YouTube)
Want some real perspective on life?
Listen to a 100-year old, because they've seen, heard, and experienced more than 99% of the population.