The View from 5th Avenue

The View from 5th Avenue – 30 July 2024

At the end of the day, don’t we all want to be on the winning team? It’s simple human nature to want to win, and boy-oh-boy is this market making that a hard thing to do… A real mixed bag on performance in US equities today as the nerves were apparent ahead of key earnings to begin after the closing bell tonight with Microsoft (more on that later, but.. don’t get excited) and into the July Fed meeting tomorrow. A rather painful rotation continued to play out as Tech bellwethers were punished…

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