Equity Market Commentary : August 2023
In August 2023, US equity market experienced turbulence where the correction happened in the middle of the month.
Bond Market Commentary : August 2023
The global bond market was surprised in August 2023 as the US Treasury yield jumped above 4.2% driven by Fitch’s US rating downgrade
Money Market Commentary : August 2023
Loan growth inched up again in July 2023 to 8.5% yoy from the previous 7.7% yoy. That is a good indicator of a thriving economy.