The market these days does not lend any great cause for celebration, though investors should take some time to enjoy some weekend fireworks just the same.  With the 3rd quarter beginning much the same way as the 2nd quarter ended, investors are left scratching their heads about how to overcome the ongoing financial woes and surging oil prices.  The major indexes are all down double-digits for the year and, given the fragile state of the international markets, investors see few strong alternatives for their equity allocations.  Maybe earnings season will bring some positive surprises.   (It could happen.)  Enjoy the 4th. 

Coming up in the week ahead:  Consumer Credit (Tuesday), Trade Balance (Thursday).

Attached/linked please find And That’s The Week That Was, the Brounes & Associates market/economic commentary for the week ended July 3, 2008.

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