Market Update Q2 2023

July 19, 2023

As of June 2023, Fortress Wealth Group's macro-economic outlook is that bonds remain attractive, especially if we are near the top of a rate hiking cycle. Domestic equities have performed exceptionally well this year (namely tech/AI stocks + the Nasdaq) but may struggle to maintain this momentum through year end. International equities have performed well, although lagging domestic equities. Given recent economic stimulus talks globally, international companies could be poised to continue to perform well. In addition - bonds, treasuries, and money-market funds are continuing to present attractive opportunities for solid returns paired with reduced volatility. Given all these factors, we believe that we should maintain our current allocations. Read our full report here.