Week in Review 8/7/2020

Life imitates art – from @nyctereutes1

Global stocks recover from the risk off mood that took hold in the last week of July. S & P 500 stays in line, inching higher day over day.

Initial jobless claims drop to the lowest levels since the pandemic, but still remain above 1 million.

Dollar continues to weaken despite lower M2 levels continuing to decline.

Real estate low levels in the us start showing signs of slowdown after a strong June performance.

ISM sentiment levels continued to a rise in July, though much more incrementally then the strong June rebound.

FED asset levels continue holding within recent trends.

Credit spreads in also continue to trend in stable fashion.

In commodities, metals surge again.

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