3 Reasons To Invest In Closed-End Funds This Summer

Published on June 1, 2026

Closed-end funds may not be a hot topic right now, but they offer a highly compelling means to solve today's macroeconomic woes.

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S&P Global US Manufacturing PMI™: Highest Level Since May 2022

June 1, 2026
U.S. manufacturing hit its highest level in four years, as the S&P Global PMI climbed 0.6 points to 55.1 in May. For a second straight month, the expansion was largely driven by defensive stockpiling as companies continue bracing for supply disruptions and price hikes linked to conflict in the Middle East.

ISM Manufacturing PMI: Highest Level Since May 2022

June 1, 2026
The Institute for Supply Management (ISM) manufacturing purchasing managers index (PMI) came in at 54.0 in May, marking the fastest expansion for the index since May 2022. The latest reading was higher than the 53.3 forecast and is the index's fifth straight month in expansion territory.