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Funds Commentary

Alternative Mutual Funds

 
June 2024 Commentary

Post the strong bounce back of equities during May, the combination of deteriorating market breadth and weakening economic statistics in June suggest stocks may enter a choppier period during the summer. Regardless as to whether that implies sideways or negative price performance, strong messaging that the Fed put remains in place, plus the expectation of one last barnburner quarter of earnings from mega cap tech should prevent stocks from experiencing a significant downdraft in the near term.

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