Authored by Lance Roberts via RealInvestmentAdvice.com,
Ah…yes. It is FINALLY that time of the year when I take a week off with the family for our summer vacation.
Don’t worry, I have been fiendishly writing for the past two weeks and have blog posts all ready to go for next week. You won’t left hanging.
However, let me just leave you today with one parting thought.
Authored by Wolf Richter via WolfStreet.com,
Magnitude unknown but huge. Brokerages push it to new heights.
Via Dana Lyons Tumblr,
Stocks have recently witnessed an unprecedented cluster of new highs occurring on negative volume.
Traders were suddenly 'woke' from their sleepy summer 'this is a no brainer melt up' doldrums this week by some sudden vol... for no good reason. As former fund manager Richard Breslow notes, however, there is a 'playbook' for what happens next as the market seems destined to test technical support and resistance levels.
Via Bloomberg,
This Is Why Shrinkflation Is Making You Poor