Good morning!

 

I have a really interesting webinar coming up Thursday, August 8, that you won't want to miss, Securing Tomorrow: Unleashing the Power of Cybersecurity Investments. I'll be talking about the explosive growth of opportunities in the cybersecurity

space. With the complexity of securing data surging thanks to cloud computing, remote work, and defense technologies, there's a strong and growing demand for digital security services.

 

Can't make it? Register anyway to receive a link to the webinar after it concludes so you can watch it at your leisure. Feel free to share this invite with anyone you know who you think could use some expert insights into investments in cybersecurity.

CLICK HERE TO REGISTER!

Thursday, Aug 8 @ 10 a.m. PDT


RSVP now to join live or

watch it later at your convenience!

Investors are headed into perhaps the most important week of the year for the markets, with a bevy of blue-chip earnings, a Fed meeting, and a crucial July jobs report. Here's what's happening...

Have cash or cash equivalents earning nothing or next-to nothing? It's a great time to invest in U.S. Treasury Bills, a short-term investment with little risk and easy liquidity. We'll post current rates of return here each Tuesday. Want to put your money to work? Call your advisor today!

  • This is a pivotal week for earnings, with more than 1,100 companies reporting, including four members of the Magnificent 7. Microsoft is up first, reporting after the markets close today, and following earnings from Proctor & Gamble, Merck, chip-maker AMD, Pfizer, S&P Global, BP, and Starbucks. On Wednesday, Wall Street hears from Meta (Facebook), Mastercard, T-Mobile, QUALCOMM, Arm Holdings, Boeing, ADP, Altria Group, MetLife and Aflac, followed Thursday by Apple (after closing), Amazon, Toyota, Shell, Intel, Conoco Phillips, and Anheuser-Bush. Friday wraps up the week with earnings from Berkshire Hathaway, Exxon Mobil, and Chevron. *


  • The Fed meets this week, but most analysts aren't expecting the central bank to do anything but set the stage for an interest rate cut at their next meeting in September. Fed officials have said they are getting closer to having confidence inflation is sustainably dropping to their 2% goal, encouraged by readings like last week's PCE (Personal Consumption Expenditures) Index, which showed its lowest annual gain in more than three years. Fed officials have indicated they need more than one quarter's worth of good data to know for sure that inflation is traveling in the right direction. **


  • Friday's July non-farm payroll employment report will also be another factor in shaping the Fed's interest rate policy decision for the rest of 2024. The Bureau of Labor Statistics is expected to report 177,500 new nonfarm payrolls, down from the higher-than-expected 206,000 jobs added in May. The unemployment rate is expected to remain at 4.1%. ***


The financial advisors at Miramontes Capital diligently keep up with anything that can impact our clients' finances and tap into more than 175 years of combined investment experience. We do our all to keep your money protected and growing. If you think you might benefit from our financial experience and oversight, contact us today for a FREE, no-obligation consultation. Just call (800) 460-1595. Until next week...

* NASDAQ

** Yahoo Finance

*** Seeking Alpha

Investment Advisory Services offered through Miramontes Capital, LLC. Securities offered through Balanced Security Planning, Inc. Member FINRA/SIPC. Miramontes Capital, LLC and Balanced Security Planning, Inc. are separate companies affiliated through common control. This newsletter is solely for informational purposes. Advisory services are only offered to clients or prospective clients where Miramontes Capital, LLC and its representatives are properly licensed or exempt from licensure. Past performance is no guarantee of future returns. Investing involves risk and possible loss of principal capital. No advice may be rendered by Miramontes Capital, LLC unless a client service agreement is in place.