May 2024 Monthly Market Update | On The Margin

While April marked the first month of predominantly negative global asset class returns in 2024, markets rallied broadly in May. Dovish commentary from Federal Reserve officials, weaker-than-expected labor market data, and lower-than-expected inflation data helped drive markets higher over the course of the month.

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    May 2024 Recap | On The Marginhttps://www.cbiz.com/Portals/0/Images/CBIZ Header-1.jpg?ver=4sa8ZYDtE7VnZvxAO_-1jA%3d%3dhttps://www.cbiz.com/Portals/0/Images/May 2024 OTM Monthly Market Update.jpg?ver=h-lOHnH_waQmKS3L8unCkA%3d%3dWhile April marked the first month of predominantly negative global asset class returns in 2024, markets rallied broadly in May. Dovish commentary from Federal Reserve officials, weaker-than-expected labor market data, and lower-than-expected inflation data helped drive markets higher over the course of the month.2024-06-03T16:00:00-05:00While April marked the first month of predominantly negative global asset class returns in 2024, markets rallied broadly in May. Dovish commentary from Federal Reserve officials, weaker-than-expected labor market data, and lower-than-expected inflation data helped drive markets higher over the course of the month.NoneAccelerated RecoveryNo