“August brings into sharp focus and a furious boil everything I’ve been listening to in the late spring and summer” – Henry Rollins     Financial markets are always a three-dimensional jigsaw, with new pieces being added and deleted at whim every business day. But the signals from the last month have been especially difficult to discern. In contrast to the bounce back second quarter, July was a negative month for pan-European markets with the U.K. continuing to lag.