Green finish for major US indices today perhaps because there was glimmer of hope in Federal Reserve's June-meeting minutes. I think that while the probability has increased for 0.75 rate hike (after July 26-27 meeting), the positive item was that the Feds saw GDP expanding in the quarter (I suppose Q2 as these are meeting minutes from June) even as downward risk had increased. Parameters appear interesting right now for long-term investors as there doesn't seem to be any need to rush into making any buy/sell decisions on stocks.
On the SPOT blog (07/06/2022) [L..]
Updated: Aug 30, 2022