Stocks have rebounded, but the dollar is in a deep slump. Here’s what could go right (and very wrong) for investors.

Karoline Leavitt, the White House press secretary, showed off President Trump’s latest broadside against Jay Powell and his colleagues at the Fed.Andrew Caballero-Reynolds/Agence France-Presse — Getty Images

Andrew here. The second of half of the year begins today, and we go deep on where markets could lead, especially given all the turmoil in Washington.

The other big story of the morning is that Apple is reportedly considering the use of OpenAI’s or Anthropic’s large language models to power Siri. This could be a turning point for Apple but also for the A.I. race. One question we have: Would OpenAI’s ChatGPT lose users — and effectiveness, given the more the chatbot is used, the better it gets — if Apple beefed

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