by Rob Richardson, CFA®
- 17% of Standards and Poors 500 Index (S&P 500) companies have reported 2nd Quarter 2018 results to the market.
– 84% have reported earnings higher than expected.1
- Second quarter Gross National Product (GDP) first estimates will be released on July 27th, forecasts are calling for roughly 4% growth.2
- Foreign investors have been purchasing less U.S. treasuries in July than in previous months.3
- United States and European Union announce trade deal.4
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Rob Richardson, CFA® 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.
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