Weekly Commentary | August 1, 2021
Macro Picture
The major indices were lower on the week as we got through a chunk of the earnings season. The S&P lost 0.37% on the week but the tech heavy Nasdaq lost 1.11%. Small caps were up 0.75% and international was up 0.34% though emerging markets, led by China, were down sharply by 1.73%.
The markets were weighed down by some mixed earnings fro…
