Monday links: a 3% inflation world

July 2026The S&P 500 returned -0.06% last month. (on.spdji.com)How major asset classes performed in July 2026. (capitalspectator.com)RatesTreasury rates aren't heading meaningfully lower absent a recession. (mrzepczynski.blogspot.com)Mortgage rates are once again pushing 7%. (awealthofcommonsense.com)Prediction marketsPrediction market volume is booming. (theblock.co)Why states are opposed to prediction markets. (indianacapitalchronicle.com)FinanceWe got a ways to go before SpaceX's ($SPCX) full float is unlocked. (ft.com)Truth Social's API is now live. (npr.org)AIThe demand for compute is only going in one direction. (downtownjoshbrown.com)Companies are combing through their bulging AI bills for savings. (nytimes.com)What did the Trump administration get for its Gulf AI deals? (thebulwark.com)Stay in touchDon't miss a thing! Sign up for our daily e-mail newsletter. (abnormalreturns.com)Work in wealth management? Sign up for our exclusive Talking Wealth newsletter. (talkingwealthpo