June 2023 Financial Market Review
Jul 21, 2023
"The stock market is the story of cycles and of the human behavior that is responsible for overreactions in both directions." - Seth Klarman, Investor. CEO, Baupost Group
PHOENIX - July 21, 2023 - PRLog -- Trajan Wealth and their chief investment officer Udayan Mitra, CFA have released their monthly post recapping the most important news in the financial markets. You can read the June Market Recap and more blogs from Trajan on their blog to stay informed and up to date on market happenings.
Key points of the review are:
- Small/Mid cap US stocks have also staged an impressive comeback over the past two months
- As the Fed progressively increased short-term overnight rates, longer-term interest rates started to fall
- The Fed and the bond market are currently acting as the two countervailing forces in the economy.
- Private assets are assets that are not traded in the public markets, like private equity, private credit, private commercial real estate and private infrastructure funds.
- We at Trajan are actively participating in the democratization of the Private Markets and building a portfolio of offerings for our clients
To read the entire review and to learn more about recommendations for your investments, please visit the full June 2023 Financial Market Review.
About Trajan Wealth:
Trajan Wealth LLC formed in 2012, was founded by CEO Jeff Junior. Prior to his 20+ years in the financial services profession, Jeff Junior was a member of the United States Marine Corps. Jeff continues to serve his clients and employees with the utmost service, respect, and attention to detail. The firm has multiple locations in Arizona, Texas, and Utah. Trajan Wealth is expanding to the Atlanta area in the coming months.
Udayan Mitra, CFA, came to Trajan Wealth with over two decades of experience in the investment management industry. He has held positions as a proprietary trader, senior portfolio manager, Investment Director, and CIO across institutional investment management firms, pension funds, and several large, institutional-class family offices. Udayan earned a Bachelor of Science degree in Economics from the London School of Economics and an MBA in Finance from Rice University.
For more information on all the different services offered or to schedule a complimentary consultation, visit https://trajanwealth.com or call 1-800-838-3079.
Disclaimer:
*Financial advisory services offered through Trajan® Wealth L.L.C., an SEC registered investment advisor.
Photos: (Click photo to enlarge)
Read Full Story - June 2023 Financial Market Review | More news from this source
Press release distribution by PRLog
More News
Clara Wu Tsai, the Billionaire Who Wants Brooklyn to Win
Clara Wu Tsai, a co-owner of the Liberty, is hoping the W.N.B.A. team pulls through tonight. She also has ambitions for the borough beyond more championships.
Trump Sends Obamacare ‘Refund’ Checks Ahead of Midterm Elections
The $500 checks are accompanied by a letter signed by the president that criticizes the Biden administration for overcharging Americans for health insurance.
Burnham promises to curb non-compete rules in job contracts
The prime minister says restrictions on what workers can do after leaving roles have "gone too far".
Whistle-Blower Says I.R.S. Leaked His Tax Records in Retaliation
Brian J. Visalli, a veteran investigator of tax fraud, said in a lawsuit that the agency had sent his personal and tax information to federal prosecutors.
Ex-Deutsche Bank trader jailed for rigging rates has conviction overturned
The Court of Appeal quashes the conviction of Christian Bittar, a former Deutsche Bank trader jailed in 2018.
Highest Mortgage Rates in 3 Years Chills the Housing Market
The average 30-year fixed-rate mortgage rose to 7.4 percent, putting more pressure on Americans struggling to afford to buy a home.
Airlines Are Upgrading Wi-Fi. Not All Are Using Elon Musk’s Service.
Mr. Musk, whose company SpaceX owns Starlink, has attacked the top executive of Delta Air Lines for not selecting the internet provider.
Anthropic bans users from being 'cruel' to its AI systems
The firm said users can no longer engage in "sustained and needless" abusive behaviour towards the tech.
The Fallout From OpenAI’s Revenue Surprise
News that the artificial intelligence giant’s sales weren’t growing as fast as investors had expected added to concerns about the A.I. boom.
Why are there so many sports subscriptions?
Pete Oliver of DAZN explains why the is a growing number of sports subscriptions and why they are getting more expensive.
I've been with my boyfriend for two years and don't know his salary
Talking about salary, spending habits and debt can be some of dating's trickier conversations.
Fired OpenAI researchers say they were let go for 'prioritising safety'
The AI firm instead claims the researchers were fired for mishandling sensitive information.
YOUR NEWS, OUR NETWORK.
Do you have Great News you want to tell the world?
Be it updates about your business or your community, you can make sure that it’s heard by submitting your story to our network reaching hundreds of news sites across 6 verticals.