Welcome to our monthly briefing, where we provide insights on the latest developments in the financial markets. Highlights from November’s briefing:
- Stocks and bonds rallied for the month
- Signs of softer inflation appear to signal that the Fed will hold rates steady in December
- Inflation data is materially lower than a year ago
Read the November 2023 Monthly Briefing for insights from KAR Co-CIO Doug Foreman, CFA and Chief Market Strategist Julie Biel, CFA 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. There is no guarantee that any forecasts made will come to pass. KAR makes no warranty as to the accuracy or reliability of the information contained herein. Past performance is no guarantee of future results.