The Morning Call
7/7/21
The
Market
Technical
Tuesday in the
charts.
https://www.zerohedge.com/markets/growth-gains-value-pains-yields-plunge-dollar-jumps-crude-dumps
Watch the VIX.
https://www.zerohedge.com/markets/crushed
Fundamental
Headlines
The
Economy
US
Weekly mortgage applications
fell 1.8% while purchase applications were down 1.1%.
The June services PMI
came in at 64.6 versus expectations of 64.8; the June composite PMI was 63.7
versus 63.9.
The June ISM nonmanufacturing
index was reported at 60.1 versus projections
of 63.5.
https://www.advisorperspectives.com/dshort/updates/2021/07/06/ism-services-13th-month-of-growth
International
May Japanese
leading economic indicators came in at 102.6 versus 103.5 recorded in April.
May German
industrial production declined -0.3% versus estimates of +0.5%.
Other
Inflation
Persistent inflation threatens the recovery.
https://www.zerohedge.com/economics/patrick-hill-persistent-inflation-threatens-recovery
Bottom line.
June dividends by
the numbers.
Pay
down debt or invest?
https://alephblog.com/2021/07/03/pay-down-debt-or-invest/
More on valuation.
A backwards K coming
in earnings season?
https://www.zerohedge.com/markets/backward-k-and-coming-earnings-surprises
News on Stocks in Our Portfolios
What
I am reading today
The collective American
meltdown.
https://www.zerohedge.com/geopolitical/victor-davis-hanson-genesis-our-american-collective-meltdown
Visit Investing
for Survival’s website (http://investingforsurvival.com/home)
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