
Episode #8
8. Friday, August 21, 2026
<p>Markets: Bonds Rattle Stocks: The S&P 500 fell 0.9% to 7,641 Thursday — the worst single-day drop in three weeks. The Dow shed 704 points; the Nasdaq dropped 264. The ten-year Treasury climbed back to 4.69% after a brief pullback. Brent crude surged 2.4% on Trump-Iran tensions, reigniting inflation fears. Walmart's earnings added pressure on the Dow. The Fed's July minutes confirmed many officials believe rates may still need to rise. Gold hit 4,499/oz. Treasury Secretary Bessent's bond market interventions are not working — the credibility gap moved markets. Watch the ten-year: if it cracks 4.75%, more selling follows.</p><p>Football: NFL Week 3 Dress Rehearsal and LSU's Big...

