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End Of Summer Doldrums After Labor Day
With the headlines reading multiple up days in a row, which is certainly good news, keep in mind many of these days have been just by a hair, and summer doldrums are set to continue through labor day most likely.
This time of the year, the upper east coast folks usually dash to their favorite spot for one last vacation including a few extra days at the end of next week prior to labor day. Markets are usually range bound during these times but can be moved more dramatically than normal with a sudden unexpected event.
Many signs are pointing to a recovery and we happily are watching continued progress that may reward our patience.
Have a Good Weekend, and enjoy the rest of summer doldrums.
JK
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