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Description

Balkanization of Health Policy, NPR bias, VIA and Waymo,

Economic Indicators:

• TEUs (Port of LA/LB): 958,355.15 in Aug (-6.03% MoM)
• Housing Starts: 1.307M in Aug (-8.54% MoM)
• Manufacturing PMI: 48.7 in Aug (+1.46% MoM), still in contraction but improving
• 30-yr Mortgage Rate: 6.28% in Sep (-4.70% MoM)