US equities opened weak, and then saw micro chop across the day. The Friday fractional gain made for a seventh consecutive gain, equalling the February run.
This morning's revised Q1 GDP print of 1.2% was again notably still weak, but then neither is it remotely recessionary. Its just a case of the US economy 'ticking along'.
Market volatility remained very subdued, with the VIX settling the week in the 9s.
Podcast from Coffey and Najarian
|Day'3 of summer 2017 :)|
For extra charts (usually after 7pm EST each day), see https://twitter.com/permabear_uk
Goodnight from London
*the weekend post will appear Sat' 12pm EST, and will detail the US weekly indexes