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FSI Sector Allocation - August 2024 Update

Please CLICK HERE to download the sector allocation report in PDF format.

Market recap

Happy August! With the dovish FOMC on the last day of July, the S&P 500 finally rallied and turned the month’s performance back to green. The S&P 500 Sectors were generally higher in July except for the broader technology sectors: information technology and communication services.

US Treasuries rallied across all tenors, with the front end shifting downwards more than the far end. Although the Fed did ...

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