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The Daily Wrap: 07.26.18

01:41 - Venezuela is expected to have 1,000,000% inflation this year, and GDP growth of -18% according to the IMF. It's a real humanitarian crisis that has deteriorated to one of the worst hyperinflation collapses in history.

06:42 - Commerce Secretary Wilbur Ross says we could have a new trade deal worked out with Mexico soon. The new President-Elect of Mexico already has a team working with a team Trump assembled to replace the old NAFTA rules. The new guy gets sworn in on December 1st, and we may have a deal ready to sign by then.

10:44 - It's possible that 5 states have a debt spiral they…

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