The contagion in Turkey appears to be spreading to Brazil, with the Brazilian Real hitting new lows. The US economy continues to hum along with rate hikes on track despite emerging market woes and the strong dollar. The US markets continue to trade near record highs despite developing divergences. These and other stories from some of the best asset managers, market commentators, financial analysts and CMT's of today:
Economy
Emerging Markets Crisis
Stock Markets
Elon Musk Admits Tesla Ads Were 'Far Too Generic' After Laying Off US
Marketing Team: 'Could've Been Any Car'
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The EV giant has removed its newly formed marketing team as part of the 10%
companywide layoff announced last week.
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51 minutes ago