The expected risk premium for the Global Market Index (GMI) edged higher in July, inching up to an annualized 4.9% — slightly above the previous month’s estimate. The projected return over the “risk-free” rate is a long-run estimate for GMI, an unmanaged market-value-weighted portfolio that holds all the major asset classes.
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Iran set to conduct provocative military exercises in Persian Gulf: CNN
Turkey’s markets tumble after US imposes sanctions: Bloomberg
Fidelity to launch first set of zero-fee index funds: MarketWatch
Federal Reserve left interest rates unchanged on Wednesday: NY Times
Trade tensions, labor shortages weigh on US ISM Mfg Index in July: Reuters
US Mfg PMI slips to 5-month low in July: IHS Markit 
Construction spending in US dropped 1.1% in June: MarketWatch
ADP: US private-sector jobs up +1.86% in July vs. year ago, a 2-year high: CNBC