The US Inflation Report for July Is Coming Out on Thursday

US inflation report for July, which is last month, is coming out on Thursday. The Cleveland Fed has been running a forecasting model and thinks that this headlight inflation is going to come in around 3.42%. In China, trade and inflation data for July were just released and it was way worse than what economists expected. If you have not managed to position under this strong rally for the year, I think the next couple of months could be your entry point with seasonal weakness in stocks.