July Market Update
Saturday, July 11, 9:15 AM – 10:00 AM. Right after our show.
The factors affecting stock and bond markets are dynamic. As a new month begins, we review recent market components and look at changing trends. There will be time to answer your questions. You may email questions or tickers in advance: Help@IRIRadio.com.
There are two forces battling in the market – Bulls vs Bears.
- Lower earnings waiting for lower prices to match fundamental valuations
- The Fed’s expanding balance sheet attempting to support prices
The fundamentalists won round 1 – March (Bears)
The expansionists won round 2 – April (Bulls)