Introduction:

In this episode, we explore three impactful stories shaping today’s economy and markets. First, US producer prices have jumped 0.9 percent in July—the largest increase in three years—posing a significant challenge to the Federal Reserve’s inflation strategy. Next, the UK is embarking on a massive data center expansion driven by AI growth, raising concerns over rising energy and water consumption, as well as potential impacts on consumer bills. Finally, Monterey Car Week auctions are experiencing a notable slowdown, reflecting a generational wealth transfer that’s reshaping the collectible car market and fueling a new supercar boom.

Content and Timestamp:

00:00:28 US Producer Prices Surge, Raising Inflation Concerns and Fed Dilemma

00:04:17 UK Data Center Boom Raises Energy and Water Consumption Concerns

00:08:28 Classic Car Market Cools: Monterey Auctions See Tepid Sales Amid Generational Shift

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