Manufacturing Roars, Palantir Soars, and the Fed Keeps an Open Mind

ISM manufacturing hits a four-year high but stokes inflation fears, Palantir jumps 27% on blockbuster AI-driven earnings, Philly Fed's Anna Paulson signals a hawkish pause, and Caterpillar's record quarter shows the AI buildout lifting heavy industry too. In this episode: • US manufacturing activity hits more than four-year high, but inflation worries intensify — https://finance.yahoo.com/economy/articles/us-manufacturing-activity-jumps-more-140731868.html • Palantir stock soars 27% on 'otherworldly' commercial revenue growth — https://www.cnbc.com/2026/08/04/palantir-2q-earnings-ai-sovereign-tools.html • Philadelphia Fed President Paulson content with rates at current level, but keeping an 'open mind' — https://www.cnbc.com/2026/08/04/philadelphia-fed-president-paulson-content-with-current-rates-but-keeping-an-open-mind.html • Caterpillar stock boosts Dow as data-center demand drives record revenue — https://www.marketwatch.com/story/caterpillar-is-killing-it-and-data-center-demand-is-driving-record-revenue-161b84d1?mod=mw_rss_topstories