Weekly Commentary | Aug 13, 2022

Aug 14, 2022

∙ Paid

Macro Picture

Stocks rallied hard again this week with the S&P 500 up another 3.26% and now up 12.08% over the last month. The YTD losses are down to single digits now at -9.35%. Recall that JP Morgan had a note out in April/May suggesting that they thought the S&P could finish flat this year. At the time it seemed preposterous. Now, not so much.

The …

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