by Rob Richardson, CFA® – Rob works for Fidelis Wealth Advisors, LLC in institutional asset management and research. Most recently he covered hedge funds for Intermountain Healthcare’s Pension and Corporate Investment portfolios. Prior to that he worked as a Research Analyst for The Broe Group, researching private equity and venture capital opportunities, and Stifel Financial as an Equity Research Associate covering Applied Technology stocks. Rob is also a CFA Charterholder and a graduate of Lockheed Martin’s Finance Leadership Development Program.
- The Standards & Poor 500 (S&P 500) continued a streak of weekly gains, bringing the index up 7.4% Year to Date. (YTD)
- Unemployment dipped back below 4.0% to 3.9% in July. ¹
- Apple became the first company with a $1 Trillion market capitalization. ²
- The Bank of England raised interest rates for only the second time since the Financial Crisis. ³
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