Summary: No, it's not 1967, but it is the Summer of Love in the stock Market. Simon discusses how, despite a multitude of global economic concerrns, the market continues to be buoyed by low interest rates and good enough earnings reports. He comments on the Fed's recent rate cut and what precedent has to say. He frames the larger macro-picture and cautions against being too tethered to the current momentum investments. Simon also highlights the recent quarterly reports from AMZN, AAPL, GOOGL and SPR.
