The US equity market has had a volatile year, but the higher risk has paid off… big time. In absolute and relative terms the numbers speak volumes. And the outperformance isn’t limited to recent history. Over a five-year trailing period, for example, the stock market in the US has left the rest of major asset classes in the dust.
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Trump claims “left-wing violence” is coming if Dems win in fall: BBC
Trump counters Sec. of Defense: no need for US-S. Korea war games: Reuters
Trump: Canada will rejoin US-Mexico trade deal ahead of Fri deadline: CNBC
US oil sanctions expected to send Iran’s economy into recession: USA Today
Researchers find more anomalies in China’s economic data: SCMP
US Q2 GDP growth revised up slightly to 4.2%: MarketWatch
Pretax corporate profits for US firms up 7.7% in Q2, the most in 4 years: LA Times
US Pending Home Sales Index down for 7th straight month in July: CNBC
Democrats projected to retake House in fall elections: FiveThirtyEight.com