Summer of Strikes
While we ended the week on a positive note, we finished the month of August down.
While we ended the week on a positive note, we finished the month of August down.
It appears that the month of August will once again live up to its dismal reputation.
Since the beginning of August there has been a reversion in the markets.
This was among the busiest weeks regarding earnings announcements and as with last week, the news was good.
The hot air balloon that is this market continued to rise higher into the stratosphere this week.
Economic headwinds? Sticky inflation? Consumer spending slowing? Meh.
What a great way to end the quarter.
The markets look to break the recent span of higher finishes with a whimper this holiday-shortened week.
The last few weeks we’ve focused on company news and stories other than those that are economic in nature.