July 2023 Newsletter | Summertime Cruising May Catch Some Off Guard

Jul 05, 2023

∙ Paid

Summary

With the debt overhang gone and inflation waning, markets boomeranged higher which we suspected would happen last month.
Economic growth remains robust but is also clearly slowing towards stall speed. The question remains if/when we have a recession in the next 6-12 months and how deep?
Interest rates have been stuck in a range of late with the 10…