Jay Powell’s signal Wednesday that the Fed’s first interest-rate cut will happen in September appears to have answered one big question facing leaders this summer. This newsletter’s lineup of stories speaks to a hatful of today’s other key quandaries: When will the factory sector find some vigor? Is retail’s bounce real? How to plan for growth while electrical grids are under growing pressure? Will Nov. 5 torpedo strategic plans? Is AI spending worth it?
Deep breaths, boss. You've got this.
— Geert De Lombaerde
