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July 2023 Market Commentary

For the period June 1 – June 30, 2023. Executive Summary Equity markets ended the second quarter strong, fueled by the resurgence of Mega-Cap Growth stocks. While the Fed may have pushed pause on further rate hikes—for now—tighter financial conditions may still be in store for the second half of the year. A mild recession may still be possible, but certain economic indicators are showing positive signs.
Investing

July 2023 Market Commentary

For the period June 1 – June 30, 2023. Executive Summary Equity markets ended the second quarter strong, fueled by the resurgence of Mega-Cap Growth stocks. While the Fed may have pushed pause on further rate hikes—for now—tighter financial conditions may still be in store for the second half of the year. A mild recession may still be possible, but certain economic indicators are showing positive signs.