August 2023 Newsletter | Valuations Have Likely Peaked, Will Earnings Start Helping?

Aug 02, 2023

∙ Paid

Summary

The market continues to rip on better than expected economic data and market euphoria surrounding AI.
Interest rates have moved a bit higher as the Fed raised rates again- perhaps for the last time?
Bonds continue to look better and better, even as the likelihood of rate cuts get pushed back (now they are not forecasted until May 2024).
Locking in y…