It has to be the weather doesn’t it ?

All quarter long companies have been reporting that the weather is responsible for poor earnings, the Fed hinted at something similar in  recent pronouncement, now the first estimate of GDP for the quarter comes in down 1%. This is the euphemism known to market watchers as NEGATIVE GROWTH folks.  And IBD announced the start of a new bull market (again!). Multiple guru’s have joined the bandwagon, happy days will be here again when the weather improves.  Markets are slow, choppy with the B teams at the helm all summer, so go do one of the many fun things there are.

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