Equity markets rebounded strongly in May
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April showers hit the US equity and bond markets.
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Another strong month in March but first few days of April are soggy.
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Markets roll on despite a less accommodative Fed – for now.
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Inflation has been heading lower, but the Fed needs to see more. The bond and equity markets are watching closely.
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Would you like market-weighted or equal-weighted?
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Fed Chair Powell if at your party – “Would you like another glass of punch?!”
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Smokin’! Everything… except commodities.
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Another down month of returns across the board. I Bond reset.
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Rates! That’s it.
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It was the tale of two halves for the month – a rough start to August but a very strong finish – though ended the month slightly down.
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Headline inflation – as measured by CPI – was 3.2% last month. But that is well above the 2% Fed target and other measures are much higher.
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