Aug 2023 — Aug 2023
Aug 9, 2023 • 11 minutes
None of today's metrics yet indicate anything broken, yet all of them are modestly worse off than they were 12-18 months ago.
Aug 8, 2023 • 10 minutes
From what I had initially thought would be a relatively quiet day in markets given the economic calendar, we ended up with a good amount of news to chew through.
Aug 7, 2023 • 12 minutes
Lots of fun stuff today in my favorite DC Today of the week – the Monday edition (I love Mondays for so many reasons).
Aug 4, 2023 • 24 minutes
We enter the month of August with a double issue of Dividend Cafe on Credit markets, the sine qua non in our economy.
Aug 3, 2023 • 13 minutes
Boring day overall for markets following yesterday’s sell-off.
Aug 2, 2023 • 7 minutes
Fitch (the least known of the three major credit rating agencies) downgraded the U.S. from AAA to AA+, citing growing fiscal deterioration and overall debt burden.
Aug 1, 2023 • 8 minutes
August is off and running! The Dow was up +3.4% in July, nearly half of its total gain in 2023 coming in the month. Both the Nasdaq and S&P were up over +3% as well.
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