The Country models were up on the week on average about +0.8%. The benchmark was down -1.22%. The Country models marginally lead the benchmark on the year. The broader market sold off into the tail of the week as the market absorbed weak GDP data and parsed the FED statement. The FED decided not to raise in May and did not significantly alter its guidance with a June rate increase possible but not particularly likely
This content is for Premium subscribers only. Please register or click here to login.