MUST READS It’s official: Trump is the nominee – CNN/Money Ten Reasons Why Trump Could Win – National Review Donald Trump’s Great Gay Rock-Star Spectacle – Atlantic The Trump convention is a triumph of narcissism – Washington Post Christie jolts crowd with prosecutorial takedown of Clinton – Politico There’s the real GOP convention, and then what the media ‘reports’ – The Hill Hillary Clinton tweets sassy responses to the Republican National Convention – The Week Roger Ailes negotiating exit from Fox News amid sexual harassment claims – Guardian The decades-long, post-war growth of America’s middle class is at an end – MarketWatch The rare weather phenomenon that produced a giant mushroom cloud in Arizona – Quartz First Half of 2016 Blows Away Temperature Records – Scientific American The Future of Big Oil? At Shell, It’s Not Oil – Bloomberg The world is ‘addicted to debt’ – Business Insider
MARKETS/INVESTING Stocks: 6 things to know before the open – CNN/Money To the mattresses: Cash levels highest in nearly 15 years – CNBC The strength of this market is the strength of this market – MarketWatch Inside the High-Profile Downfall of a $8 Billion Hedge Fund – Bloomberg Yes, Risky Investments Have a Place in a Portfolio – US News The question isn’t whether the market is rigged, but how much – MarketWatch Are Americans Finally Getting Smarter About Money? – Bloomberg Gold falls on firmer equities, dollar after robust U.S. data – Reuters After Doubling Shares, This Gold Miner Says Rally Will Go On – Bloomberg
ECONOMY/WORLD/HOUSING/BANKING Recession coming? Here’s how to find out – MarketWatch Americans’ Economic Gloom Festers, Gallup Stumped – Wolf Street IMF cuts UK growth forecasts following Brexit vote – Guardian UK employment hits record, ‘fundamentals of economy are strong’ – Telegraph 120,000 desperate Venezuelans poured into Colombia to buy food – Vice News IS Flag Found: Teen Dead after Perpetrating German Train Attack – Spiegel Republican Party calls for significant changes to housing in 2016 – Housing Wire Donald Trump’s childhood home in Queens is for sale at $1.65 million – MarketWatch Why Interest Rates Could Fall as Low as Negative 0.50% – Motley Fool Fed’s Mission Is Accomplished. So Why No Change? – Bloomberg