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May 04 2023

Research Preview: Market Narrowness In 2023

  • May 4, 2023

The S&P 500 posted an encouraging +9.2% YTD, but below the surface that strong return was the result of a limited number of influences. There is narrowness in both thematic and return drivers; the fact that gains have not been broad-based is cause for concern about performance during the remainder of 2023.

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About The Author

Scott Opsal / Director of Research & Equities