State of the Market: 7/18/2019

Welcome to this week’s State of the Markets. Please click the following link to review the SOTM video . With the S&P 500 near all-time highs and having breach the 3,000+ level, earnings season is now in full-swing. Fed chairman Jerome Powell has indicated the FOMC is prepared and likely to cut rates most likely at the upcoming July…...

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Should These Divergences Worry Investors?

Equity markets took a deeper dive on Wednesday as earnings season rolled forward. Bank of America Merrill Lynch (BAC) shares finished with a gain Wednesday, as the bank lowered its full-year outlook for net interest income, but still expected growth in the face of anticipated interest rate cuts and slowing economic growth. The consumer and…