In his podcast addressing the markets today, Louis Navellier offered the following commentary. There is not a lot of economic news this week, except Wednesday’s CPI report, so the second-quarter announcements should dominate the news. This week will predominately be earnings results for financial stocks. As an ex-banking analyst, I do not own financial stocks, because I know too much. Furthermore, a relatively flat yield curve is not ideal for most financial stocks. The guidance from financial firms on consumer default rates is expected to be the biggest news. The Fed recently reported that th…