May 2023 Market Update & Economic Outlook
In the May 2023 edition of the Market Update and Economic Outlook, Derek Varner, CFA, and Ryan Ohlson, MBA, unpack the recent phenomenon of the S&P 500 being propelled by just a handful of major players. Then, with an eye toward the future, they delve into the potential impact of the Fed’s recent actions on the economy and provide a comprehensive analysis of the latest corporate earnings report. Derek also provides insight on exciting and promising asset classes and Foundation Premium positions primed for a market upswing. Finally, they tackle the hot-button issue of the debt ceiling and its ongoing impact on the market, as well as how the tense relationship between the US and China may affect specific sectors, such as manufacturing.