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A quick review of last week's market happenings for busy expats.
Second quarter earnings from the biggest U.S. companies have been rolling in and, once again, most firms are managing to beat reduced forecasts. In particular, as I touched on last week, the financial sector is doing very well.
In the mean time, Europe seems to be stabilizing which could be a plus for stocks in the months ahead but in the short term is putting some upwards pressure on bond yields.