May 2023 Market Update

June 6, 2023

In this market update, Caleb Tucker, CFA®, Director of Portfolio Strategy, reviews market trends of the last four weeks. Some of the key points for May’s update are:

  • The deal on the debt ceiling will allow the treasury to borrow additional funds.
  • The debt ceiling will be suspended until January 2025.
  • We continue to see inflation indicators move in the right direction, but still believe that the Federal Reserve will keep policy restrictive.

We hope you find this video educational and informative. If you have any questions, please reach out to your advisor. Thank you for being a valued client of Merit. ​​

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