Global Asset Allocation Team Market Update – April 2024
April 9, 2024 | Market Commentary, Public Markets
The first quarter wrapped up on a positive note, with solid growth data in the United States offsetting the environment of still-hot inflation and the latest Fedspeak that has reinforced bets officials will be in no rush to cut interest rates. Hopes for a so-called “soft landing” catalyzed a market rally that sent many global indices to new record highs.
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