The Busiest Week of The Year....

If China has a Lehman Brothers moment this article wont age well. It is entertaining to me to watch the financial press. Yahoo is as good as any.

https://finance.yahoo.com/news/fed-tech-earnings-weekly-prev…

Headline

Fed, tech earnings, GDP data: What to know ahead of the busiest week of the year

snippet

The busiest week of the year for investors is here.

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Oh, horse hockey!!

Yes, we get earnings from some major companies this week and we get to see who is doing best with inflation, higher costs, and consumers adapting to same.

But the facts are many of the heavy hitting investing managers are taking the summer off. They are on holiday. Golfing. Cruising. They have second tier managers watching the store.

Moves are likely to be minor until the pros return ready for business after Labor Day with major moves expected in mid-October (as is the Wall Street norm).

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