The View from 5th Avenue

The View from 5th Avenue – 29 July 2024

US Equities finished mixed to slightly up with arguably the busiest week of summer upon us with major central bank decisions, key economic data and earnings all on deck. Olympic swimmers aren’t the only one’s diving in, shall we?....Looking ahead on the global macro, tomorrow we receive US Jolts, China’s PMIs, and BoJ rate decision (narrowly expect 15bp hike). Wednesday, we have our US FOMC meeting (unched expectation, paying attention to language around 25bps cut due in September), and the Eur…

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