November 2022 Economic and Market Highlights

The CPC Team

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  • Stock and bond markets rallied in November following some encouraging economic data, highlighted by an inflation reading of 7.7% which was well below expectations
  • Strong returns in U.S. stocks were outshined by double-digit returns in foreign stocks, with emerging market equities leading the pack
  • The U.S. Bond markets pared some of the losses from 2022, but are still having their worst year in modern times

Source: Morningstar- All performance is percentage of total return

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