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📆 ‘twas a solid month

fed announced another .75% rate hike, and us q2 gdp showed decline for the second quarter in a row

but, that declining economy led the market to think that the fed might slow down on future rate hikes (because even higher rates could further discourage economic spending and activity)

💸 here’s to a new month and a new week!

• mon:

  • earnings – HSBC , ATVI , ON

    • particularly curious about on semiconductor, as the chips and science act ($280b) could be passed soon

  • us manufacturing pmi (july)

  • us construction spending (jun)

• tues:

  • earnings - AMD , SBUX , CAT , PYPL , ABNB , UBER

  • june job openings and labor turnover (jolts)

    • may jolts was down 11.3m job openings…

• wed:

  • earnings – CVS , MRNA , CLX , EBAY , BKNG

  • opec meets

• thurs:

  • earnings – BABA , MRO , DUK

  • bank of england rate decisions

• fri:

  • earnings – DKNG

  • july nonfarm payrolls

💡 something im thinking about

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as always, i am no financial advisor! (i am no substitute for professional financial services)

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