US Equity and Economic Week in Review: The Numbers and Markets Firm Up From Recent Softness

            Unlike several weeks over the last few months where pieces of the economic releases were moderate weaker, this week’s news was solid.  Second quarter GDP rebounded from its weak first quarter pace, the housing market remains in good shape and durable goods orders increased (although transportation orders had a great deal to do with this number).  As for the markets, second quarter earnings season is well underway and results have been positive.  The markets have reacted accordingly moving modestly higher.  As has been the case however for the last 24 months, t

Source: XE news feed
US Equity and Economic Week in Review: The Numbers and Markets Firm Up From Recent Softness