The View from 5th Avenue

The View from 5th Avenue – 27 August 2025

Personally, I view the two weeks of the US Open Tennis Championships as the unofficial ‘close out’ to the summer. Typically, this week before Labor Day, ‘out’ of office messages abound and market volumes reduce ‘pace’ as those away from the office ‘dig’ their feet into the sand. Wednesday was a muted session as indexes ‘bounced’ off early lows to climb throughout the day and finish slightly higher, SPX (+.24%), as investors laid in wait for NVIDIA’s (-.1%) results. The tariff ‘volleys’ continu…

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