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Recession No More?

Recession No More?

Market Briefing: July 2023

August 7, 2023

Welcome to our monthly briefing, where we provide insights on the latest developments in the financial markets.

A glimpse into July’s briefing:

  • Inflation and earnings data help equities advance in July
  • Have market participants embraced the higher-for-longer narrative for interest rate hikes?
  • Data appears to be trending in a positive direction with no imminent recession

 

Read the July 2023 Monthly Briefing for KAR CIO Doug Foreman‘s insights about these market events and their potential impact.

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This information is being provided by Kayne Anderson Rudnick Investment Management, LLC (“KAR”) for illustrative purposes only. Information in this article is not intended by KAR to be interpreted as investment advice, a recommendation or solicitation to purchase securities, or a recommendation of a particular course of action and has not been updated since the date listed on the correspondence, and KAR does not undertake to update the information presented. This information is based on KAR’s opinions at the time of publication of this material and are subject to change based on market activity. Past performance is no guarantee of future results.

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