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Flash Report July 2022

Developed equity markets surged past high inflation and contracting GDP as if assuming the worst news is priced in and the battle against inflation is headed in the right direction. Mixed results among early earnings reports did not stop rebounding markets. China uniquely weakened on growth concerns and the ongoing issues in their real estate market, bringing the emerging markets index into negative territory. Meanwhile yields compressed in intermediate to longer dated treasuries, supporting fixed income markets.

WRITTEN BY | August 1, 2022


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