As summer ends, we move into more autumnal conditions in the markets. Things remain relatively stead but we can expect a pick up in the weather ahead as corporate reports and macro factors start to set the course to year end.
Category: Weather Report
Beyond the weather report, the other essential maritime document is the Nautical Almanac. In many ways, a form of Market Almanac could be a useful addition to the information system for investors and the following document is a version of it, based upon the Apollo view of the markets.
As a slowing July Market looks towards August with a few concerns about overvaluation and falling momentum, we remain relatively unfazed. Our portfolios are consolidating from a good first half so we will be looking towards our mid-August rebalance with interest.
Setting up for the summer. As markets review how they survived the turmoil of the Spring, thoughts turn to summer…