As noted in these pages on Wednesday, objects in motion tend to stay in motion, and so it was for US equities during a week that saw investors easily navigate earnings and cast a dismissive eye towards fraught domestic politics.
US stocks managed a solid gain, rising for the sixth week in eight since the May rout.
(Heisenberg)
The one hiccup this week ironically came around the ECB press conference. I say "ironically", because the new statement contained all the language anyone could have reasonably expected with regard to the central bank telegraphing the