Month in Review- May 2024

May Highlights

• Equity indices bounced back across the board post April declines.
• Interest rates declined versus the end of April, but remain elevated compared to the close of 2023.
• Markets continued to be focused on potential Federal Reserve moves, or lack thereof, in addition to inflation statistics. Corporate earnings were a particularly bright spot with S&P announcements exceeding expectations overall.

Trust and Investment Services:

• Are not insured by the FDIC or any other federal government agency.

• Are not deposits of, nor guaranteed by, the Trust Company or any Trust Company Affiliate.

• May lose value.

Country Club Trust Company (CCTC) is a division of Country Club Bank.

Some information provided above may be obtained from outside sources believed to be reliable, but no representation is made as to its accuracy or completeness. This document is intended for discussion purposes only and should not be considered a recommendation. Please note that investments involve risk, and that past performance does not guarantee future results.