Quarterly Letter: Second Quarter 2023
Monetary tightening is beginning to have an impact on the US economy. Although the job market remains buoyant, certain sectors of the economy such as commercial real estate, finance and technology are already slowing down. The pace of global growth may slow over the next few quarters, but in a relatively normal way.
In our latest Q2 2023 Quarterly Letter, we discuss the current economic environment and provide an update on markets and investment highlights.