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On the SPOT™ blog (07/31/2023) [L..]

Markets seem to be taking a breather this morning (PST) as all three major US indices appear to be near the neutral line. Investors are perhaps trying to test if this rally still has legs. Some comments from Fed officials reaffirmed some of comments that came out of the FOMC meeting. Next meeting is in September so that should feed lot of data for gauging the state of the economy and inflation. In the mean time, earnings season is in full swing with some big names (including Apple and Amazon) scheduled to report this week.

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