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Market Reacts Positively to a Slew of Economic Data this Week. Takeaways From Our Research Heads Heading into September.

FS Insight Team

“Thoughts are things, choose the good ones” ~ Mike Dooley 

Good evening:

August proved challenging for markets, with the three major indices posting losses for the month. The S&P 500 fell -1.8%, NASDAQ finished -2.2%, and Dow tumbled -2.4%. On 7/31, our Head of Research, Tom Lee, alerted market participants to “be wary” heading into August - an evidence-based call that has materialized. On 8/22, he flipped to a more optimistic tone, “timidly” recommending buying the August dip ahe...

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