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Market Update April 2023

Submitted by Corrigan Financial, Inc on May 29th, 2023

Global stocks advanced 1.4% during April and are now up about 9% for the first four months of 2023. Global equities have actually rebounded more than 19% since the market lows reached last September. While many investors remain fixated on the steep market losses incurred during calendar 2022, they may not realize that global stock markets have been rising at a compounded annual rate of just over 12% for the past 36 months.

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