I just played out the All-Star Game, which was a fun, see-saw affair. The AL and NL traded off getting 2- and 3-run innings a few times, with the AL taking leads and the NL coming back to tie. In the end, Faber threw a clean 8th, Bob Pepper coughed up a run in the top of the 9th, and Pennock struck out the side in the bottom of the 9th (after a leadoff double) for the save. Santop was the MVP after an early home run, but it could have gone to Fournier or Rice (or Streeter, who pitched 3 good innings to start off the game for the AL).
Before getting into the main point of the post, I'll note that I've been thinking about the Newark Peppers situation that I went on about at length in the last couple of posts. I think where I'm at is that Newark c. 1925 was one of the largest cities in the USA, vibrant and growing, and affluent. Louisville was growing, sort of, but mostly by annexations. It was smaller than Newark and wasn't part of a gigantic metro area. A few decades hence the decision might be different, but I don't see a new owner, even if there were to be one, abandoning Newark for Louisville or Indianapolis. Toronto or MSP? Maybe. But I feel like I've already talked myself out of that.
As far as the current state of affairs, the Yankees and Cardinals look like they are locks for another World Series matchup. The Yanks got off to an impossibly hot 40-10 start, and while they've cooled off very slightly they're still on a 123-win pace and have a 13-game lead over the Spiders. The Cardinals are not _quite_ that hot ("only" a 115-win pace) but have a slightly bigger lead--14 games over Philadelphia. The Yankees lead the AL in basically everything other than extra-base hits (6th), pitching strikeouts (3rd), and home runs allowed (a terrible, terrible 9th). They even lead in the defensive categories. The Cardinals aren't quite so dominant, sitting in 1st in the hitting categories but 3rd or 4th in more pitching categories than they are in 1st. Still, it's shaping up to be a battle of juggernauts.
On an individual basis, Heilmann is gunning for Cobb's single-season batting average record. He sits at .426 right now, and is projected to fall just short of 250 hits. Heilmann is easily the AL leader in WAR. Even with Ruth's return, Heilmann might find himself winning a second straight MVP if he keeps up the pace. Hornsby is having an even better season. While he's "only" (there's that "only" again) hitting .386, he's projected to hit 36 home runs and have jaw-dropping 13.6 WAR. That would be the single-season record if he can do it. Al Simmons is also having an amazing year for Baltimore, flirting with .400 and projected to get even more hits than Heilmann--262, which would also be an all-time record.
As for the Yankees, obviously it's hard to find any fault. Vance isn't having nearly as good a season as 1923, but it doing fine. Luque and Pennock have stepped up and Faber's been great. Charleston has mostly been struggling, but his defense keeps him playing nearly every day. Cobb and Heilmann have improved their defense to the point that I don't replace them in late innings, and they're hitting like crazy. So the third outfield spot has kind of been rotating between Charleston (mostly), Williams, and Goslin. Traynor was hurt for a while and I brought up Lazzeri, but sent him back down when Traynor came back. Toronto has a nice cushion in the IL, even though there's no standout performer in the roles that Terry, Goslin, and Arlett have filled there. The pitching has been great. New Orleans is in 2nd place in the Southern League, and it's not crazy to think they could win the pennant. Joe Strong has been the two-way star there, with additional some strong pitching.
So the story lines at this point for the second half look like individual milestones (Eddie Collins is only 12 hits from 3000, and whether Heilmann and Simmons (or others?) can hit .400, and whether anybody can get to 30 wins), and the Yankees and Cardinals trying to stay healthy.