Enterprise Business Partnership Group

09/01/2026

Treasury Secretary Scott Bessent tried to lower long-term borrowing costs by doubling bond buybacks, but the initial drop in yields was quickly erased as markets remained skeptical.The Intervention and Market ReactionDoubling Buybacks: The U.S. Treasury announced it would increase purchases of off-the-run long-term securities from $2 billion to at least $4 billion per operation between September and November.Temporary Drop: Bond yields tumbled initially on the surprise news, with the 10-year and 30-year yields dropping sharply before rebounding within 24 hours to higher levels than before the announcement.Skeptical Markets: Experts noted that the planned buybacks total around $14 billion, which is a tiny fraction compared to the massive $40 trillion national debt.

Broader Pressures and Policy ClashesEnergy and Inflation: Bessent said that yields had been pushed higher by energy prices and inflationary pressures stemming from the Iran conflict, factors he expects to fade over time. -- [Business Times].Relationship with the Fed: The Treasury's active effort to cap long-term yields has created a delicate dynamic with Federal Reserve Chairman Kevin Warsh, as some critics worry the intervention undercuts monetary policy.Global Impact: Rising sovereign term premia and global conflicts have also driven up yields in regions like the U.K. and Japan, though Scott Bessent has maintained that U.S. markets remain resilient.

08/31/2026

Chinese President Xi Jinping is set to make rare state visits to Egypt and, likely India, before his expected trip to the U.S. in late September.

Xi has “sharply curtailed foreign travel in recent years, so his busy upcoming travel schedule is a significant gauge of his priorities,” said Gabriel Wildau, managing director at Teneo.

For Beijing, geopolitical tension worldwide is building the case for an evolution in its global role.

Read CNBC's analysis here: cnb.cx/4xzFxpm

08/31/2026

SpaceX plans to invest $100 billion to build a huge new Starbase Louisiana facility in Vermilion Parish, near Pecan Island.

The planned site will cover about 125,000 acres — more than eight times the size of Manhattan.

The spaceport is planned to have five launch complexes with two launchpads each, for 10 launchpads total. It would also include facilities to build and process Starship rockets, produce propellant, generate power and support shipping.

Louisiana officials say the completed facility could support thousands of launches each year. Elon Musk has also said it could eventually handle more than 30 Starship flights per day, although that is a future goal.

Construction is expected to begin in 2027, with the first Starship launch targeted for 2029.

The project is expected to create about 3,000 direct jobs over 10 years. Louisiana officials estimate another 8,100-plus indirect jobs, bringing the potential total to more than 11,100 jobs.

SpaceX chose the area partly because of its Gulf of Mexico access, large amount of available land, natural-gas infrastructure and launch routes over the Gulf.

But the project also faces environmental concerns because much of the proposed site is coastal wetlands. Environmental groups and some residents have raised concerns about construction, rocket operations and effects on the coastline.

Sources: Louisiana Economic Development, Reuters and Associated Press, August 25, 2026.

08/31/2026

08/31/2026

I think priorities are a bit of whack here.

She definitely doesn’t need to spend $1,000 a month on shopping.

What else should she cut from your monthly expenses? 🤔👇🏽

08/26/2026

Ghana just dropped a big one on the gold sector.

From 1 September 2026, no more exporting gold doré without refining it locally first. Everything has to go through a refinery in Ghana before it can leave the country. That’s the new GoldBod rule.

It applies to Self-Financing Aggregators and both new and existing offtake deals. And the people handling the gold will have to foot the refining bill themselves.

GoldBod isn’t playing around either. They’ll only give export approval once they’ve confirmed the gold has actually been refined here. Miss that step and you risk having your export approvals suspended or your licence taken away.

They’re clearly trying to keep more of the value inside the country. Big shift coming.

08/25/2026

Bitcoin was hovering around the $80,000 level Tuesday after the cryptocurrency surged last week on the Treasury Department’s plans to double its buy back of longer-dated Treasurys.

08/25/2026

BofA says investors continue to overlook value stocks, which work particularly well in a new era of higher interest rates and inflation.