Economic Insights

Briefings






A surge of buying in the last few minutes of trading on the final day of July led to gains for all the major market averages. That means the S&P 500 closed July at a 16-month high.

As far as the bullish narrative goes, this is as good as it gets.

According to Yahoo Finance, the last six times the S&P 500 rose five consecutive months through the end of July, the index was up for the b.....