June 2023 Newsletter | The Playbook Stays The Same

Jun 03, 2023

∙ Paid

Summary

Growth decimated value in the month of May with the Nasdaq up over 3%, the S&P up 1%, and the Dow Jones (more value focused) down on the month fractionally.
The narrative is shifting towards more rate hikes as stickier inflation plagues the economy. Expect some headwinds to the CEF and individual preferreds/bond side of your portfolios.
The risks …