The Country models were up on the week on average about +2.8%. The benchmark was up +0.35%. The Country models lag the benchmark by 2-4% on the year. The SPY closed the week basically flat. A big miss on the May jobs report (38,000 new jobs instead of the predicted 160,000) and the lowest monthly increase in nearly six years lowers the odds of a June rate hike. The SPY is sitting just off of
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