July 2023 Monthly Market Review

July was a strong month for equities as inflation fell and economic growth surprised to the upside. US and international equities gained 3.2% and 3.3%, respectively. Emerging market equities, while trailing year-to-date, led the pack in July with a strong 6.3% return. News of economic stimulus in China and a strong month for commodities supported emerging markets’ gains. (Read More/View PDF)