Later today U.K. Prime Minister David Cameron will head to Buckingham Palace to tender his resignation to the Queen, who will then ask Theresa May to form a government. She is expected to start naming her new ministerial team this evening, with the key roles of Chancellor of the Exchequer and a new Brexit minister highest on the agenda.
Here is a direct video link.
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Cory’s Chart Corner
In both directions. h/t @LanceRoberts
This is really pretty incredible.
US household holdings of equities and mutual funds reached a record 278% of disposable personal income in the second quarter of 2026, up from just 29% in 1982, amplifying the stock market’s influence on consumer spending and economic activity.
