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Hot July
August 9, 2023 This month marks the start of the third quarter, another interest rate increase by the Federal Reserve, and a continued recession watch. Despite this rate increase, the S&P 500 ended the month + 3.09% and the NASDAQ rose 3.85%. Fixed Income sectors, as tracked by the Bloomberg US Agg Total Return Value Unhedged USD, while not quite as strong, did continue the positive trend and squeaked out + .14%.