Envestnet | PMC Monthly Recap - July
July was a largely solid month for equity markets. Fixed income asset classes struggled in the face of higher interest rates, though.
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July was a largely solid month for equity markets. Fixed income asset classes struggled in the face of higher interest rates, though.
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Despite wars, recessions, inflations, financial crises, and a global pandemic, US equity markets have shown a strong upward trajectory over the long term, benefiting long-term investors.
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Global equity markets have sizzled throughout this summer, while US bonds only recently began to heat up. How are markets set up for the coming pumpkin spice season? Let’s assess the landscape now.
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