Not the end to the week we wanted, but perhaps it was the one we were expecting. As a large number of polos populated the thinned out streets of Midtown Manhattan today, it was clear the summer Fridays are in full swing. S&P volumes down 27% vs. the 20 day average could have told you that too though… Early on sentiment was strained as Elon “I have a bad feeling about the economy” Musk announced that Tesla would be joining Microsoft and Meta with a hiring freeze.
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