Small Business Optimism Falling and Home Sales Cancellations? It' OK, it's Prime Day!

With small business confidence drifting to record lows and home sales cancellations spiking to COID highs, the market appears to be taking it in stride. As we wrap up a historically bullish 2-week period, we're now looking ahead to another earnings season this week with banks and don't forget Amazon Prime Day, which is sure to strain already extended credit limits. With all this news, we may need to swap this Fed-powered speedboat for a Canoo. (GOEV, KBH, TEVA, DAL, FXI, AMC, AMZN)

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