Morning Note | June 16, 2023

Good Morning!

Markets are up small going into the last day before a long weekend (markets are closed Monday for Juneteenth).  Investors are still digesting the Fed and the upward motion of the terminal rate towards 6%.  

• The S&P 500 is up 3% on the week, its best performance since March.

• It’s the S&P 500′s fifth positive week in a row, the first such strea…