The S&P 500's nearly 17% year-to-date total return masks the uneven and narrow market participation. With a slowing economy and ongoing high inflation, equity markets could prove more challenging in the second half of the year.
In this edition of "On The Mark," Kezia Samuel, CFA, CAIA, Vice President, Investment Consulting, explains the implications of concentrated returns and cautions investors to be mindful of what they own.
The “Artificial” Magic in the Stock Market Rally
July 14, 2023