What to expect in late July after the recent market rally.

U.S. stocks have ripped higher in the past week on optimism that the government of Greece would be able to impose austerity budget measures that will shackle its people to three decades of indentured servitude to French and German banks and not get thrown out on its ear.

At least that’s how the narrative reads if you look at most published accounts. You have two events that have coincided in time, so it’s natural to figure there’s a connection.

But is there really? Let me give you the easy answer, and then the sobering answer. Read more here: After earnings season, expect a long, hot summer

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Chesapeake Investment Services
Managed Futures Specialists