After a dismal first half of 2022 for stocks and bonds, the S&P 500 was up 9.1% for the month of July and over 12.5% off the lows, as investors saw reasons to rush back into some areas of the market that had been beaten up the worst. For example, the Nasdaq was up 12.4% last month after better-than-expected forward guidance from some of the largest companies in the world.
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Founded in 1984, Pinnacle Associates, Ltd. is a forward thinking, multi-billion dollar investment advisory firm focused on transparency and putting clients first. We provide advice to individuals and families, institutional investors and other financial institutions.
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