SMID Cap Portfolio Review - July 2025
August 12, 2025
Stocks continued to post positive gains in July, led by similar trends from last month - easing trade tensions, resilient economic data, and cooling inflation. Adding to the positive investor sentiment in July were corporate earnings reports which were much better than expected, particularly among AI-related technology companies and industrial companies benefitting from steadily improving global manufacturing activity. Stocks were also supported by more trade deals.
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