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The Federal Reserve recently published its annual Report on the Economic Well Being of U.S. Households in 2018, confirming what most Americans already know...
Wrapping up the first half of the year, equity and fixed income markets rallied globally in June. Equities were pushed higher as the US and China agreed to a temporary truce in the trade war, with the expectation of settling the dispute in the near future. US equities rose 7.05% in June. Despite sharp losses in May, US equities closed the best first half of the year since 1997, rising 18.54%.
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