benjubby
06-07

Follow the cash. Where is the cash going?

Dow Logs Its Fifth Straight Monthly Gain — Can It Hold Through September?
August closed conflicted: the Dow logged a fifth straight monthly gain but fell as much as 360 points intraday, the S&P 500 lost 0.58%, and QQQ added 0.05%. After U.S. military action against Iran, Brent hit $91.28, up ~9% on the month, and rate-hike bets rose with it — higher oil feeds inflation expectations and reinforces Warsh's hawkish turn, hitting long-duration growth first. Payrolls land this week, into the S&P's statistically worst month. Trim into cash-generative mega-caps, or hedge with energy?
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