SEVEN TAKEAWAYS FROM A DIZZYING WEEK FOR MARKETS
Jeffrey Buchbinder, CFA, Chief Equity Strategist, LPL Financial
Lawrence Gillum, CFA, Chief Fixed Income Strategist, LPL Financial
Jeffrey Roach, PhD, Chief Economist, LPL Financial
Adam Turnquist, CMT, Chief Technical Strategist, LPL Financial
Last week was one for the ages in terms of the number and magnitude of events and data points for investors to digest. A Federal Reserve (Fed) meeting, the monthly jobs report, and the peak week of earnings season would be enough to qualify as a busy week. But add in the U.S.-China negotiations, the August 1 tariff deadline, the U.S. Treasury Department quarterly refunding announcement, and the Fed’s preferred inflation metric, and last week gave investors as much to digest as any week in recent memory. Here we share seven takeaways for investors based on last week’s plethora of news.