Weekly Update 1 August 2022
Stocks rose strongly in July driven by weak sentiment, low expectations for company earnings which key companies exceeded, and lower interest rates. www.cnbc.com/2022/07/28/stock-market-news-updates-open-to-close-future.html The problem we have with this rally is that inflation, the underlying cause of the market’s difficulties this year, has not gone away. If anything, inflation pressures have broadened in recent months. […]
Weekly Update 1 August 2022 Read More »