$MC (+0,47 %)
$JPM (+0,27 %)
$GS (+0,81 %)
$C (-0,3 %)
$UNH (-0,36 %)
$JNJ (-0,97 %)
$DPZ (-0,36 %)
$WFC (+0,15 %)
$ASML (+0,71 %)
$BAC (+0,18 %)
$BLK (+0,27 %)
$MS (+0,88 %)
$STT (+0,16 %)
$TSM (+1,58 %)
$IBKR (+0,86 %)
$SU (-0,23 %)

$GS (+0,81 %)
$MC (+0,47 %)
$BLK (+0,27 %)
$JPM (+0,27 %)
$JNJ (-0,97 %)
$TNIE (-0,73 %)
$WFC (+0,15 %)
$C (-0,3 %)
$KER (-1,07 %)
$BAC (+0,18 %)
$MS (+0,88 %)
$ASML (+0,71 %)
$JBHT (+0,08 %)
$2330
$JKS (-0,19 %)
$PEP (-0,63 %)
$PNG (-0,62 %)
$NFLX (-0,36 %)
$STT (+0,16 %)

Let's see what this earnings season has to offer 😁🧐

what do you think? 📉📈

$FAST (-0,15 %)
$GS (+0,81 %)
$BLK (+0,27 %)
$C (-0,3 %)
$JPM (+0,27 %)
$ASML (+0,71 %)
$MS (+0,88 %)
$PGR (-0,55 %)
$BAC (+0,18 %)
$2330
$SCHW (+0,22 %)
$ABT (-0,5 %)
$PLD (+0,2 %)
$PEP (-0,63 %)
$NFLX (-0,36 %)
$AA (+0,2 %)
$TRV (+0,23 %)
$BMI (-0,15 %)
$ALLY (-0,85 %)
$STT (+0,16 %)

$JPM (+0,27 %)
$BAC (+0,18 %)
$WFC (+0,15 %)
$C (-0,3 %)
$TSM (+1,58 %)
$BLK (+0,27 %)
$MS (+0,88 %)
$GS (+0,81 %)
$JBHT (+0,08 %)
$STT (+0,16 %)

$ERIC A (+0,65 %)
$DPZ (-0,36 %)
$JNJ (-0,97 %)
$JPM (+0,27 %)
$WFC (+0,15 %)
$BLK (+0,27 %)
$GS (+0,81 %)
$C (-0,3 %)
$MC (+0,47 %)
$ASML (+0,71 %)
$BAC (+0,18 %)
$MS (+0,88 %)
$JBHT (+0,08 %)
$EQT (-0,56 %)
$SRT (+4,08 %)
$NESNE
$TSM (+1,58 %)
$ABBN (+0,84 %)
$UAL (+1,94 %)
$TOM (+1,16 %)
$VOLV B (-0,53 %)
$AXP (+0,45 %)
$SLBG34
$STT (+0,16 %)

For all those who cannot immediately classify the name: State Street $STT (+0,16 %) is one of the largest asset managers in the world, manages around USD 4 trillion in assets and is the issuer of the well-known SPD ETFs (pronounced SPIDER) - including probably the most famous ETF in the world: SPDR S&P 500 ETF (SPY).

Why buy now?

Dividend: approx. 3.5%, solid distribution history.

Valuation: P/E ratio currently below the industry average - no hype, but substance.

Business model: Earns from fees for the management of ETFs and funds - i.e. they profit from the steady flow of capital into passive investments, regardless of whether there is a bull or bear market.

Stability: Has been on the market for over 200 years, surviving every financial crisis and still standing.

To me, this is an investment in the infrastructure of the financial world - like a toll road operator on Wall Street. The SPDR ETFs keep rolling, and State Street collects the toll. I plan to hold the position long term plus add to ongoing,

and benefit from dividends + price appreciation."

$APO (-0,1 %) and $STT (+0,16 %) have launched the SPDR SSGA Apollo IG Public & Private Credit ETF ($US78470P6227 ). The ETF invests at least 80% of its portfolio in investment grade bonds, including public and private credit, and may hold up to 35% in private securities.

• 0.70% management fee

• Apollo provides liquidity through repurchases of private credit, but with daily limits

• The SEC allows up to 35% illiquid investments instead of the usual 15%

https://www.ssga.com/us/en/intermediary/etfs/spdr-ssga-apollo-ig-public-private-credit-etf-priv

The week will be pure entertainment.

Monday:

• Release of the Empire State Manufacturing Index (July)
• Start of the Republican National Convention
• Statements by FED Chair Jerome Powell and San Francisco
  Fed President Mary C. Daly
• Quarterly results from Goldman Sachs ($GS (+0,81 %) ), BlackRock ($BLK ) and Servis1st Bancshares ($SFBS )

Tuesday:

• Start of the ⚠️Amazon Prime Day⚠️
• Continuation of the Republican National Convention
• Publication of retail sales (June), business inventories (May), import/export prices (June) and the real estate market index (July)
• Quarterly results from UnitedHealth ($UNH (-0,36 %)), Bank of America ($BAC (+0,18 %)), Morgan Stanley ($MS (+0,88 %)), Charles Schwab ($SCHW (+0,22 %)), PNC Financial ($PNC (+0,49 %)), State Street ($STT (+0,16 %)) and J.B. Hunt Transport ($JBHT (+0,08 %))
• Statements by FED Governor Adriana Kugler

Wednesday:

• End of of the ⚠️Amazon Prime Day⚠️
• Continuation of the Republican National Convention
• Publication of housing data (June) and industrial production (June)
• Publication of the FED Beige Book
• Quarterly results from Johnson & Johnson ($JNJ (-0,97 %)), US Bancorp ($USB (+1,42 %)), Kinder Morgan ($KMI (-3 %)) and Discover Financial Services ($DFS)

Thursday:

• Publication of the weekly Jobless Claims (until July 13)
• Publication of of the Philadelphia Fed Manufacturing Index (June)
• Quarterly results from TSMC ($TSM (+1,58 %)), Netflix ($NFLX (-0,36 %)), Novartis ($NVS (-0,35 %)), Abbott ($ABT (-0,5 %)), United Airlines ($UAL (+1,94 %)) and Intuitive Surgical ($ISRG (-0,69 %))
• ⚠️Abschluss of the Republican National Convention with speeches by Donald Trump (not sure)⚠️

Friday:

• Quarterly results from American Express ($AXP (+0,45 %)), Travelers Cos. ($TRV (+0,23 %)), Halliburton ($HAL (+0,02 %)), Fifth Third Bancorp ($FITB (+0,51 %)), Huntington Bancshares ($HBAN (-0,64 %)) and Regions Financial ($RF (+0,51 %))
• Statements from New York
  FED President
  John C. Williams and Atlanta Federal Reserve President Raphael Bostic

The market overview for 🇺🇸 & 🇪🇺:

US MARKET🇺🇸

Monday

• PACS Group ($PACS) and UL Solutions ($ULS) have potential IPOs.
• Neel KashkariPresident of the Minneapolis Fed, delivers remarks.

Tuesday

• Release of the NFIB Small Business Optimism Index (March).
• Quarterly reports from WD-40 ($WDFC (+0,03 %) ) and Tilray Brands ($TLRY (+0,88 %) ).

Wednesday

• Publication of the consumer price index (March).
• Publication of the wholesale stocks (March).
• Publication of the minutes of the March meeting of the Federal Open Market Committee (FOMC).
• Publication of the monthly federal budget of the USA (March).
• Speeches by Austan GoolsbeePresident of the Chicago Fed.
• Quarterly reports from Delta Air Lines ($DAL (+1,04 %) ) and Applied Digital ($APLD (+2,38 %) ).

Thursday

• Publication of the initial applications for unemployment benefits (April 5).
• Publication of the producer price index (March).
• Speeches by John C. WilliamsPresident of the New York Fed, and Raphael BosticPresident of the Atlanta Fed.
• Quarterly reports from Constellation Brands ($STZ (+0,41 %) ), Fastenal ($FAST (-0,15 %) ) and CarMax ($KMX (+0,19 %) ).

Friday

• Publication of the preliminary Michigan Consumer Sentiment Index (April).
• Speeches by Raphael Bostic, President of the Atlanta Fed, and Mary C. DalyPresident of the San Francisco Fed.
• Quarterly reports from JPMorgan Chase ($JPM (+0,27 %) ), Wells Fargo ($WFC (+0,15 %) ), BlackRock ($BLK ), Citigroup ($C (-0,3 %) ), State Street ($STT (+0,16 %) ) and Progressive ($PGR (-0,55 %) ).

EUROPEAN MARKET🇪🇺

Monday

• Publication of Industrial Production Index🇪🇺

Tuesday

• ZEW Economic Sentiment🇩🇪 will be published
• Quarterly reports from Ericsson ($ERIC A (+0,65 %) )🇸🇪, Beiersdorf AG ($BEI (+0,88 %) )🇩🇪, Sika ($SIKA (+1,05 %) )🇨🇭, Rio Tinto PLC ($RIO (+0,59 %) )🇬🇧

Wednesday

• Release of CPI data🇪🇺
• Quarterly reports from Hays ($HAS (+0,35 %) )🇬🇧, Petershill Partners ($PHLL )🇬🇧, Just Eat Takeaway ($TKWY )🇬🇧, Entain ($ENT (+1,45 %) )🇬🇧, La Francaise ($FDJ (-0,39 %) )🇫🇷, Legal & General ($LGEN (-0,35 %) ), Tryg ($TRYG (+1,03 %) )🇩🇰, BHP Group Ltd ($BHP (-0,21 %) )🇬🇧, ASML Holding ($ASML (+0,71 %) )🇳🇱Volvo B ($VOLV B (-0,53 %) )🇸🇪, Severstal ($CHMF )🇷🇺

thursday

• Publication of Construction Output🇪🇺
• Quarterly reports from Danone ($BN (+1,19 %) )🇫🇷, Nokia Oyj ($NOKIA (+1,74 %) )🇫🇮, Tele2 AB ($TEL2 B (-0,07 %) )🇸🇪