This week in the Review:
- Earnings Season and Forward Guidance Surpassing Low Expectations
- 74% of the S&P 500 have reported Q2 earnings
- Earnings have surprised to the upside
- Winners and Losers
2. Financial Markets Remain Reasonably Valued by Morningstar
- Morningstar price to fair value
- Headwinds of slower growth expectations and inflation could shift and turn to tailwinds.