Weekly Update 25 July 2022

Stocks rose last week despite weak economic data which indicate the global economy may already be in a recession. “Excluding pandemic lockdown months, output is falling at a rate not seen since 2009,” says S&P. www.pmi.spglobal.com/Public/Home/PressRelease/52db97a5557c433d855b74a46c5ecff6 The surprising resilience of the market may be due to the bad data being expected. Investors are currently the …

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