Welcome to our look back at the previous month and a look ahead to what we might expect to see throughout August and beyond.
We started the first day of July with OPEC+ looking at increasing production which sent Crude prices higher and other assets followed. This was short-lived, however, with news of the COVID Delta Variant affecting demand...again.
In a bizarre move, the Chinese government has made it illegal for private education companies to make a profit, raise capital which hit global stock markets.
The US Congress has approved a massive Infrastructure bill which could not have come at a better time to boost employment, hopefully, and increase productivity in the US.
The major news items to watch going forward into August will include the status of the Delta Variant of COVID, which may have already ruined the summer 2021 travel season, and China who are clearly looking at rewriting the rules on trade, business, and capitalism, within their own borders and beyond.
Read More