The View from 5th Avenue

The View from 5th Avenue – 19 July 2022

For the last few weeks, investors have been devouring every economic datapoint and comment from Fed speakers, in an effort to apply a probability to future Fed moves. But the calendar has shifted into the pre-meeting quiet period and participants can focus on earnings, at least for the next week. Concerns going into this earnings season were lingering supply chain tightness and inflation impacts, and companies ability to handle those.

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