In MACRO NEWS, the Fed suggests a September rate cut, the EU and US try to ease Middle East tensions and Britain's reliance on foreign energy sources hits a new high. In TECH NEWS, China wants more control over internet users, chip shares climb, Delta counts the cost of the CrowdStrike outage, Google upgrades search and Meta gets a boost. In FINANCIALS NEWS, Bill Ackman suddenly pulls the Pershing Square IPO while Phoenix and Schroders team up. In MISCELLANEOUS NEWS, we see that UK IHT liabilities hit record levels, Entain's American dream hits reality and Boeing takes on a new CEO. AND FINALLY, I bring you the sort of guy that every wedding reception needs to get the party started...
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