Chair of the Council of Economic Advisers, Kevin Hassett. Photo: Alex Wong/Getty Images

White House chief economic adviser Kevin Hassett, during a presentation on the overall health of the economy, pushed back Monday on comments made by former President Obama last week, saying its "factually incorrect” to assert that current economic gains are a continuation of trends from the previous administration.

Yes, but: Hassett made a point to note that the presentation he gave today was "not in any way a timing that's related" to Obama's speech, adding that his appearance in the briefing room had been planned for weeks. He also said President Trump's tweet from earlier today falsely claimed GDP growth has exceeded the unemployment rate for the first time in over 100 years. It's 10 years, Hassett said, not 100 years.

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"Hamilton" is a streaming hit for Disney+

Data: Google Trends; Chart: Andrew Witherspoon/Axios

The debut of "Hamilton" on Disney+ last Friday sent downloads of the app soaring over the weekend.

Why it matters: With theaters closed until 2021, "Hamilton" is the biggest litmus test for whether Broadway will ever be able to successfully transition some of its iconic hits.

Wall Street is no longer betting on Trump

Illustration: Sarah Grillo/Axios

Betting markets have turned decisively toward an expected victory for Joe Biden in November — and asset managers at major investment banks are preparing for not only a Biden win, but potentially a Democratic sweep of the Senate and House too.

Why it matters: Wall Street had its chips on a Trump win until recently — even in the midst of the coronavirus-induced recession and Biden's rise in the polls.

With new security law, China outlaws global activism

Illustration: Eniola Odetunde/Axios

The draconian security law that Beijing forced upon Hong Kong last week contains an article making it illegal for anyone in the world to promote democratic reform for Hong Kong.

Why it matters: China has long sought to crush organized dissent abroad through quiet threats and coercion. Now it has codified that practice into law — potentially forcing people and companies around the world to choose between speaking freely and ever stepping foot in Hong Kong again.