Overview

• Maher admitted on his Club Random podcast that his forecast of an economic collapse by July had not materialized.
• He noted that U.S. stocks reached record highs and said he saw no signs of a depression.
• Federal data showed manufacturing output rose 0.1 percent in June, weekly jobless claims fell to a three-month low and retail sales rebounded 0.6 percent.
• The U.S. and EU finalized a reciprocal tariff agreement imposing 15 percent duties on most imported goods.
• Maher originally criticized Trump’s tariff strategy in April on HBO’s Real Time, calling it “completely a–backwards.”