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Summary Global equity markets moved higher in June. Boosted by resilient consumer spending and technology sectors, U.S. stocks led the way, as equities continued to rebound from 2022’s losses. Inflation cooled to 4% through May, its lowest level in over two years, prompting the Federal Reserve to pause in their tightening cycle, and ending a…

Summary Most major indexes moved lower in May on volatile trading. With the U.S. Treasury warning that a deal would be needed to raise the debt ceiling by the first week of June to avoid a default, President Biden and House Speaker McCarthy spent most of the month haggling over various proposals before settling on…

Summary In the wake of a volatile close to the first quarter of the year, April provided investors an opportunity to catch their breath. Economic data (and asset returns) were mixed during the month with investors favoring stable, established, “new economy” names, and interest rate movements were relatively subdued. U.S. GDP growth for the first…