[5 books this morning] Selected news to read before starting work

Solidarity between coastal progressives and midwestern moderates will be built in order to prevent former President Trump from returning to the White House. In a text message addressed to supporters, Mr. Harris praised Mr. Waltz as “an experienced leader.” He stated “I'm sure they will demonstrate leadership” in the election campaign and the vice presidency.

It is expected that Mr. Harris will be on stage with Mr. Waltz at the election rally in Philadelphia on this day.

The US Biden administration plans to propose restrictions on US sales of Chinese-made automobile software by the end of this month.

It is said that restrictions on the use and testing of technology made in China for autonomous vehicles are included.

Many modern automobiles, regardless of whether they are gasoline cars or electric vehicles (EVs), are equipped with devices that connect to the internet, and it is conceivable that they will be damaged by hacking. Automakers around the world are increasingly dependent on Chinese suppliers for technology necessary for connected cars.

In an interview with Bloomberg Television broadcast on the 14th, he stated “I don't think there will be anything until September.” “The economy is progressing smoothly, and there probably won't be a recession,” he said. Regarding the stock exchange rate, “I think we have entered an adjustment phase after going through a very strong upward phase. That might be healthy,” Solomon said.

“Volatility is likely to increase in the short term from here on out. It was an extremely large-scale and extremely significant adjustment this time around,” he said.

According to the Israeli military, there is a possibility that civilians were injured not by Hezbollah projectiles, but by Israeli military interceptor missiles that hit the ground. Hezbollah claims to have launched drones targeting military facilities. There was an Israeli attack targeting Hezbollah in southern Lebanon this week, and it is said that this is in retaliation.

Five weeks after he left the company, the S&P 500 stock price index fell by about 5%, and the Nasdaq 100 index fell by more than 10%.

Dave Mazza (CEO) of Round Hill Investments pointed out that “Mr. Kolanovic actually left the company when stocks, especially super-large high-tech stocks, reached their peak.”

It's been less than a month since he left the company, but he said it has become a legend. Famous bearish groups have been encouraged to retire amid market fervor for some time, and in the financial industry, it has been whispered that “it may be a sign that the market price will reach its peak.”