Originally published Friday, August 7
I like to close out each week by checking in on the market's fundamental backdrop. I believe this should include the areas of interest rates, the economy, corporate earnings, inflation, and stock market valuations. In short, these areas tend to be the macro drivers of many primary market cycles. And as you might suspect, yes, we've got an indicator board for that. Let's review...
My Take on the State of the Fundamental Backdrop...
There are no changes to report on the Fundamental Factors board this week. As I've been saying