July 2023 - Park and Elm

This report features world capital market performance and a timeline of events for the past quarter. It begins with a global overview, then features the returns of stock and bond asset classes in the US and international markets.

The report also illustrates the impact of globally diversified portfolios and features a quarterly topic. ” Let the Compounding Commence!”

Click HERE to download this quarter’s breakdown!

U.S. Performance Dashboard – June 2023

By Park-Elm| 2023-07-03T18:28:29+00:00 July 3rd, 2023|Markets|

Concerns around economic fundamentals and uncertainty around the Fed’s future rate trajectory did not deter U.S. equities from posting gains across the board in the second quarter, with the S&P 500^® completing its best first half since 2019, up 17% YTD. Led by mega-cap strength, the S&P 500 Top 50 was up 13% in Q2, outpacing smaller caps, which have recently made a comeback in June.
In a sign of strong risk-on sentiment, Growth and High Beta led the pack for our factor-based indices, while Low Volatility and High Yield Dividend strategies lagged.
Information Technology led among sectors with an impressive gain of 17% in Q2, while Utilities was the laggard.

dashboard-us-2023-06