Friday, August 7, 2020

Market Pulse – July 2020

KEY TAKEAWAYS

  • The rally from the March crash extended through July, with the S&P 500 closing at a new month-end record high.1
  • The second quarter 2020 U.S. GDP print was bad, as expected, down 32.9% on an annualized basis.2
  • U.S. Treasury yields continue to decline even in the face of strong equity returns.
  • Many economic stimulus benefits expired at the end of July. Will Congress reach an agreement to provide the economy/markets with additional fiscal stimulus dollars?

 

Read the full article in the downloadable PDF »

 

1https://finance.yahoo.com/quote/%5EGSPC/history?period1=-1325635200&period2=1596326400&interval=1mo&filter=history&frequency=1mo
2https://www.statista.com/chart/22426/long-term-gdp-growth-in-the-united-states/

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HELLOFUTURE

HELLO ASHTON THOMAS