Joining The Party.
A distinct lack of meaningful economic data or earnings reports during the week put financial markets at the mercy of the newsflow surrounding the Iran war, US domestic politics a month away from the midterms and European economic woes, particularly in France, which is beginning to look like Greece circa 2010 with local interest rates having surged from 3.50% in late June to 4.90% today.
Stocks meandered higher on Monday with the price of Nvidia reaching a new all-time high and closing in on a valuation of $6 trillion barely a year after first breaking through $4 trillion, which is…
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