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The popular stock market averages closed to the doenside on Tuesday. The yield rose for 10-yr treasury notes.

Consumer confidence fell in August, as new home sales have in September.

Much of the US government could shut down on October 1st if Congress fails to agree on spending.

Amazon.com (AMZN -4.0%) fell after the FTC filed an antitrust lawsuit claiming it keeps prices too high.

The United Auto Workers strike against Detroit automakers continues. A long strike may be quite damaging, while a cave to the UAW could make the legacy automakers even more uncompetitive versus non-union electric vehicle makers.


Adapt or perish, now as ever, is nature’s inexorable imperative. - H.G. Wells
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