As we move through the mid-point in July, US Equity prices fell to end the week while volatility edged higher. This morning saw the release of two economic numbers as the Retail Sales report came in stronger than expected while the University of Michigan consumer sentiment index indicated declining consumer sentiment. Notable in the consumer sentiment report was an increase in inflation expectations. Let’s take a look at the weekly price and volatility net changes.
As always, we hope all of our In FOCUS readers have a happy and safe summer weekend and we’ll see everyone on Monday.