ATRenew reports another set of brilliant quarterly results

ATRenew (RERE) has just reported another set of excellent quarterly earnings. The company’s reported sales have turned out to be better than the sales reported for the same period a year ago and also the first quarter of 2026. Although the expenses have also increased, the company’s efficiency has greatly improved. But let me take a closer look at…

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US debt tops forty trillion as treasury buybacks spark precious metals rally

Review Gross U.S. debt has surpassed $40 trillion, a new milestone in the country’s struggle to control its finances. Reaching that threshold carries symbolic weight, but isn’t, by itself, economically significant. Most investors and economists care less about raw figures than other measures, like the ratio of debt to gross domestic product, which provides a better sense of an economy’s…

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United States CFTC S&P 500 NC Net Positions declined to $-10.6K from previous $11.3K

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Canada Retail sales for June 0.6% vs 0.4% estimate

Prior was +1.0% revised to 1.1% The advanced July reading comes in at 0.8% Retail sales for June 0.6% vs 0.4% estimate Ex Autos for June 0.5% vs 0.4% estimate. Prior 1.2%. In volume terms retail sales wer up 1.5% in June Retail sales were up 2.2%  with volume sales up 0.4% Details: Core retail sales: +1.2% in June, the…

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