Wolfs On Wallstreet
  • Economy
  • Investing
  • Stock
  • Editor’s Pick
Investing

July Market Recap: Stocks Rally on Investor Optimism

by August 5, 2022
written by August 5, 2022

Investors found sources for optimism to start the second half of 2022, pushing U.S. stocks higher by 9.3% in July. First, quarterly earnings are off to a relatively strong start. S&P 500 earnings are tracking toward 6% year over year growth, according to FactSet. This would be the lowest growth since 2020, but still better than many feared. Mega cap technology companies, which continue to represent an outsized portion of the market, fared well in general this earnings season.

Increased Interest Rates

Late in July, the Fed enacted its second consecutive 0.75% interest rate increase. It spurred a bullish response for both stocks and bonds as many were expecting a full point hike. The month was highlighted by an emerging view that the Fed would “pivot” to a more dovish position and potentially slow rate moves for the balance of the year. As a result, longer term interest rates modestly declined for the month. While not uncommon, it can feel strange when markets seem to be rooting for a slow economy to appease the central bank. Gas prices have declined significantly in recent weeks, but the narrative of high inflation seems to be an increasing focal point among consumers. In our view it is too soon to tell if the Fed will accelerate or decelerate tightening.

Global Markets

The dollar continued to appreciate against almost all other currencies, tempering gains in international stocks when measured in dollars. China was a significant drag on Emerging Markets results as Covid restrictions, property values and regulatory issues all weigh on outlook. While numerous high-profile risks remain, China also presents significant potential upside.

0 comment
0
FacebookTwitterPinterestEmail

previous post
Should I invest in Starbucks after the Q3 results?
next post
Crypto market recovery will be slow, says execs

You may also like

Covered Calls Options Strategy Guide

May 30, 2023

How Options Work: Trading Put And Call Options

May 27, 2023

Protective Put: Defensive Option Strategy Explained

May 24, 2023

The Surprising Secret to Proper Portfolio Diversification Revealed

May 18, 2023

Options Trading Strategy: Bear Put Spread

May 12, 2023

Market Chameleon Trial Offer

May 11, 2023

Where Should You Be Investing Your Money?

May 11, 2023

Options Trading Strategy: Bull Call Spread

May 9, 2023

Stock Option Strike (Exercise) Price Explained

May 5, 2023

Mastering the Art of Options Trading: Tips for...

May 5, 2023
Enter Your Information Below To Receive Free Trading Ideas, Latest News, And Articles.


Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

Recent Posts

  • 2024 showdown: Trump, DeSantis battle for votes in the crucial lead off state of Iowa
  • Where do moderate Democrats, Republicans stand on the debt ceiling deal as pivotal votes loom?
  • SEEING DOUBLE: AOC lashes out at Twitter parody account ‘impersonating me and going viral’
  • White House kills another top Biden nominee amid mounting opposition
  • Republicans to hold FBI Director Wray in contempt of Congress over Biden document

Latest Articles

  • 2024 showdown: Trump, DeSantis battle for votes in the crucial lead off state of Iowa

    May 31, 2023
  • Where do moderate Democrats, Republicans stand on the debt ceiling deal as pivotal votes loom?

    May 31, 2023
  • SEEING DOUBLE: AOC lashes out at Twitter parody account ‘impersonating me and going viral’

    May 31, 2023
  • White House kills another top Biden nominee amid mounting opposition

    May 31, 2023
  • Republicans to hold FBI Director Wray in contempt of Congress over Biden document

    May 31, 2023
  • Jayapal says debt ceiling deal shows GOP doesn’t care about deficits: ‘No meaningful deficit reduction’

    May 31, 2023
  • Democrat leader: ‘un-American’ ‘MAGA Republicans’ trying to ‘crash’ economy for 2024 political benefit

    May 31, 2023

Categories

  • Economy (3,179)
  • Editor's Pick (1,039)
  • Investing (450)
  • Stock (3,698)
About Us Terms & Conditions Privacy Policy Email WhiteListing Contact Us

Disclaimer: Wolfsonwallstreet.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2023 WolfSonWallstreet.com


Back To Top
Wolfs On Wallstreet
  • Economy
  • Investing
  • Stock
  • Editor’s Pick