Early losses turned into gains
The four major equity indices reversed early declines and ended at the highest level of the day.
Read MoreFed Gov. comment reinforces one of most important macro thoughts.
As I get back into the swing of things after vacation, the constant chatter is about the likely stall in the recovery due to Covid-19 increased spread in various states. …
Read MoreConsumer prices rise in June after falling in the prior three months
The Consumer Price Index (CPI) was a little hotter than expected in June.
Read MoreMarket doesn’t seem to be moving on Covid-19 right now
According to ABC-6 News, Philadelphia is banning large public events through 02/2021. I believe the consolidation in the average stock and huge outperformance of the “stay-at-home” theme since June 5th…
Read MoreTuesday take
This morning looks like a bit of follow through selling following yesterday’s close. In our midday post yesterday we highlighted how strange it was the S&P 500 (SPX) was up…
Read MoreSmall business optimism saw a big improvement in June
The National Federation of Independent Businesses (NFIB) reported small business confidence improved in June for the second straight month.
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