Excruciating.
Last week saw the end of the month, Q2 and H1. As I will summarize next week in my Q2 Quarterly Report, stock indexes broadly did ok over these periods, but last week confirmed that some two-way volatility is creeping into the Mega Tech names that have carried this eight month rally. The highlights of the week were always going to be the presidential debate and some big inflation data on Friday, but I’m not sure the needle moved much.
A broadly sluggish session to start the week on Monday was characterized mainly by a continued deepening price deterioration in the recent “darling” risk assets…
The skinny
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