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July 2022 Monthly Market Update

August 4, 2022 in Market Updates

Headlines like “inflation at 40-year highs” and “US in a recession” were abundant in July. Despite the gloom, asset prices had their best month in years. The S&P 500 jumped an impressive 9.2%, while the Bloomberg US Aggregate Bond Index returned a respectable 2.4%. Not quite the outcome one might have assume...