The market’s convinced that the Federal Reserve will start cutting interest rates at the Sep. 18 policy meeting. Tomorrow’s central bank announcement and press conference is still a wild card, but only by the smallest of margins, according to market sentiment. Indeed, it’s fair to say that the crowd’s super confident that the future is clear.

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* Longest, deepest US Treasury yield curve inversion may be close to ending
* Eurozone maintains sluggish growth in second quarter
* Sen. Lummis announces bill for US Treasury to establish bitcoin reserve
* AI is improving the accuracy and timeliness of weather forecasting
* Texas manufacturing activity stays flat in July as demand weakens
* Despite expectations of rate cuts, long-term bonds still look risky:

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