Description: MCF Capital Management, LLC is an independent, family-run, financial advisory firm that manages investment portfolios for individuals and businesses through Quantitative Market Data Analysis in Orange County and in the Dallas-Fort Worth Metroplex.
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U.S. equity markets staged an impressive rally in July after a historically awful first half of the year. All major indices posted their best months in over two-years as they surpassed their 50- and 100-day moving averages. Unfortunately, the gains we witnessed in July fizzled in August as investors quickly lost hope that a dovish pivot by the Federal Reserve was on the horizon.