Via Lapham’s Quarterly – note that three of them are recent. Click through to view larger original
AUTHOR
Mick Weinstein
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American carmakers face a raft of challenges
Stocks notched a solid gain last week as rate-cut expectations paced the rally as the Q1 earnings season wound down.
Amazon’s Prime Day sales event propelled ecommerce sales up 1.9%, while strong retail sales across the economy, led by sportswear, restaurants, and apparel, rose 0.7% month-over-month and 3.2% year-over-year.
Recent rally will provide a temporary relief to anguished markets