This week’s Bespoke Report newsletter is now available for members.
US large cap stocks continue to trend higher, even as small caps have retreated to support and other global equities have broken post-COVID uptrends to the downside. All is not lost, though, after an incredibly strong earnings season and with COVID retreating in the US…for now. This week we’re also watching the possibility of a double hurricane in the Gulf of Mexico, booming housing markets and the lumber they’re desperately bidding for, upticks in COVID case counts for a number of other countries, and booming e-commerce sales from major retailers. We discuss all these items in detail along with economic data in the US and around the world, new all-time highs for US stocks, and the outlook for Federal Reserve policy in this week’s Bespoke Report.
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