In this month's market review, we review whether or not July was just a Bear Market rally or have we really seen the bottom of this market decline?
To that end, we review the 14 different components of our Vertical Speed Indicator (VSI) to see if it has flipped back to a "buy" signal.
Finally, we review the economic data to discuss whether or not we are in a recession. Naturally, we continue to discuss how the Fed can fight inflation. (You'll also see some clips from our CIO's participation in the nation's oldest and largest recreational group bike ride, RAGBRAI.)
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