Bloomberg reported that private payrolls rose by 71,000 in July, which is less than forecast. The S&P 500 declined 13 points on the news. In addition, bond yields continue to…
Economic Briefs
Supply Chain Strengthening The ISM Service Index came in at 54.3 for July, a number that’s better than expected. The index was at 53.8 in June and was expected to…
Dodging the “Death Cross”
The S&P 500 recaptured 1100 on Friday. This is a positive short-term development. Prior to last week’s rally, the S&P 500 was in jeopardy of violating the long-term uptrend. In…