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Aug 07 2025

Bellwethers Look Better, But…

  • Aug 7, 2025

The stock market looks (superficially?) better in late summer than it did at its “old” high on February 19th. It’s far from cheap, but is no more expensive than in February, and technically speaking, the S&P 500’s July’s highs were broader than those of February. That said, there’s divergent action among secondary measures that are troubling.

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About The Author

Doug Ramsey / Chief Investment Officer & Portfolio Manager