“There are no certainties; only probabilities.”
– George Gammon
July 13: CPI data for June 2022 comes out
July 26-27: FOMC Meeting
July 28: Q2 GDP data released
It’s not certain than the market will tank again as we approach the end of July, but I’m willing to bet that it’s very likely CPI goes up, GDP goes down, and Fed interest rates are going to toss markets into a frenzy going into August.