May Market Digest 2024

Below are some key highlights from what happened in markets in May 2024:

• Most asset classes generated positive performance over May.
• A UK general election was called for July to little market impact.
• UK inflation fell 0.9% to 2.3% but US inflation looks stickier around the 3-3.5% mark.
• Equities performed well, especially the UK which benefitted from improving economic data and returned 2.4%.

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