Innovest's January Market Commentary

InnovestMarket Commentary
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Top Three Takeaways

  1. The Federal Reserve met in January and left the federal funds rate unchanged. The Fed cited a strong labor market, low unemployment, and steady inflation levels.

  2. Core fixed income rallied 1.92% in January after a small loss in December. Core fixed income returned 9.64% for the 12 months ending in January.

  3. Technology was the top performer in January with a gain of 4.0% , while the energy sector finished at the bottom of the S&P 500 sectors, down 11.1%.

To read the full Market Commentary, please click here.

Source: Innovest Portfolio Solutions, LLC

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