Coming Week: Summer Stress

Wall Street may be half-staffed in the holiday-shortened coming week, but the capitalist canyon will still be flooded with anxiety.

The volatility of recent weeks is likely to continue as investors digest what may have been the first steps in a broad reassessment of risk in the market.

The coming weeks are likely to remain tainted by concerns about credit conditions for financing leveraged buyouts, for subprime mortgage and other collateralized debt investors in the wake of the blowup of two Bear Stearns(BSC Quote) hedge funds, and for consumers who may suffer from mortgage resets and tighter lending standards. ...