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Payne's Perspective: August 7, 2023: Canceling Recession

By Charles Payne CEO & Principal Analyst

It was more rough sledding for the market, which has a new concern each week. Last week, it was a downgrade of America’s credit rating and a spike in bond yields. 

Suddenly, that swagger reflected in the CBOE Volatility Index (VIX) has shifted to anxiety.

The S&P 500 is on the verge of closing a gap, but still holding above crucial moving averages.


To read the full report contact your account representative or email Info@wstreet.com 

Charles Payne
Wall Street Strategies


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