My colleague Sam Millette, director, fixed income on Commonwealth’s Investment Management and Research team, helped me put together this month’s Market Risk Update. Thanks for the assist, Sam! Let’s take a closer look.
June was a strong month for equity markets, capping off a solid first half of the year for stocks. The S&P 500 gained 6.61 percent during the month, while the Dow Jones Industrial Average rose 4.68 percent. The Nasdaq Composite led the way with a 6.65 percent gain, supported by a rise in technology stocks.
Given the concerns about slowing growth and inflation, we have kept the overall market risk level at yellow for now.
View a breakdown of the risks we’re watching in this SlideShare.