Headwinds Remain — Expect Challenging 2H23

The ongoing debt ceiling negotiations and lack of a deal between the White House and the GOP continues to dominate the overall equity markets and creates ripples with each headline that hits the tape.  Also, a big factor that has everyone’s attention is AI and the top 10 technology names that have had an upward surge in their stock prices.  Indeed, the outsized impact of these stocks on the weighted S&P 500 has caused some to suggest that the index has begun a new bull market, a...

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