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Forty "W"ritings (aka our blog)

Check here for industry updates, guidance and our latest thoughts.

First Quarter 2023 Market Recap Thumbnail

First Quarter 2023 Market Recap

Quick Take Despite the stress in the banking system, including the failure of Silicon Valley Bank, global equity markets held up remarkably well in March and posted solid returns for the quarter. Underneath the calm market surface there was wide dispersion in returns across sectors, market caps and styles. Fixed-income markets had a strong quarter as longer-term bond yields fell, generating price gains.

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