March 01, 2023

February 2023 Recap

Latest Publications February 2023 Recap
Following solid January performance, all three major U.S. equity indices whimpered lower in February, posting their second negative month since November. Essentially, the disinflationary optimism in January that eased bond yields and drove up global equity markets, reversed in February as incoming economic data showed world economies were more resilient than previously believed. This after fresh consumer and producer prices ran hotter than expected together with strong retail sales, a surge in payroll growth and fewer jobless claims.

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