07/31/2023
While the move higher in markets was sparked earlier by the enthusiasm around artificial intelligence, the markets more recently seem to be looking at a trifecta of better macro trends. The Fed and other global central banks may be nearing an end to rate hikes, inflation continues to gradually moderate and growth remains resilient.
After a nice move higher in markets, some bouts of volatility remain likely. However, we believe there are compelling opportunities still ahead of us, in both the equity and bond markets. Read more in our latest Weekly Market Wrap.
A summary of last week's market highlights and economic news.