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Market Commentary Matt Thompson Market Commentary Matt Thompson

June 2021 Commentary

Equity markets were higher again in June, with recently-battered tech names roaring back relative to US small cap stocks. This resulted in a mostly sleepy VIX aside from a slight disturbance around the mid-month Fed meeting which hinted at sooner-than-expected rate hikes. Notably, treasury yields dropped on the announcement, apparently signaling a policy error that would choke growth

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