Investment markets are serenely wading through the current trading week. Stocks are calmly drifting higher, bond yields have steadied and even the woebegone metals market has shown some renewed signs of life. This market tranquility is thanks in part to the fact that the event calendar is generally light in a quiet volume summertime market. And while we do have a healthy slate of corporate earnings reports this week, these have become less market moving and more company specific events in our time of quantitative easing. But investors should avoid becoming complacent amid the recent quiet of investment markets, for two major blockbuster events are on the calendar for next week. And both have the potential to move the markets across a broad range of asset classes in a meaningful way.
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