Bull Streak Ends As August Begins

2025-08-04 08:38:00 ET

As the turn of the calendar occurred on Friday, the bull streak for the market since the April lows ended. Such was not unexpected, and the correction has been a topic of discussion in our #DailyMarketCommentary over the last two weeks. To wit:

“While the overall backdrop remains bullish, including stable economic growth and earnings, it is worth considering that markets don’t usually rise in a near-vertical line. It certainly happens historically, but they always eventually end, just when most begin to expect they won’t.”

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