Yeah baby! Greece deal finally done. For 4 months. All the US Major Indices jumped to record highs as AAPL also did. (Article here). Hurray for those who have ridden this wave thus far! Me, I’m on track with my Peak Performance Course and just keeping tabs on the market.
With that Greece issue pretty much gone for now, we look forward to next week’s economic calendar. It’s going to be dominated by housing and consumer news, and add speeches by Federal Reserve officials (Ms Yellen semi-annual testimony at the Senate Banking Committee). For sure this will move the markets). Recent job gains could be a highlight but wage earnings and inflation not on target yet so we expect continued “accommodative” policy for a few more months. Central banks around the world either cutting rates or stimulating their economies is pushing the dollar higher. These are going to be supportive of stocks. And enough to help the markets to their record highs.