US stocks shrugged off issues in China last week to ultimately close higher following upbeat and hawkish Fed minutes from their recent FOMC meeting – stocks prefer certainty even if it suggests rate hikes in late 2022. We like markets that remain firm in the face of “bad news” and in this case we can see the Dow breaking above the 36,000 area in the coming weeks / months.
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Reporting season has taken a positive turn – James Gerrish breaks down some of this weeks action.
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