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Week in Review 11/20/2020

Most equity markets traded sideways on a week of mostly rehashed news, going into upcoming holiday week. US Initial Jobless claims rose to 742k as the pandemic resurgence starts to factor into the lagged economic markets. US CPI flat. 10 Yr Treasury yields drop on added demand, perhaps a premonition for an upcoming risk off … Read more

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Week in Review 11/14/2020

Equity markets see a pause in momentum towards throughout the week, slowing the strong rally that began post US election. The S & P 500 still manages to close at a record high on Friday despite an indecisive week. US Jobless claims dropped to 709k, continuing to make improvements. US 10 Yr benchmarks nearly hit … Read more

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Week in Review 11/06/2020

Big rally week for most equity markets as traders jumped early on a Biden victory narrative. S & P 500 gains back nearly all of the pre-election sell off. In the US, jobless claims were unmoved at around 751k new claims. Treasury yields declined as markets went risk on. Loan levels continue to drop, though … Read more

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Week in Review 10/30/2020

S & P 500 has worst one-week sell off since March and many global equity markets follow suit. Triggers include pre-election jitters and renewed lockdowns in Europe. Macro news relatively positive contrary to market sentiment. In the US, initial jobless claims dropped to 751K. 10 Yr Treasuries back to previous week’s levels despite an increase … Read more

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Week in Review 10/23/2020

Bearish week for many large economy equity indices, though a late week rally helped pare back some of the losses. The S & P 500 looks indecisive after US stimulus talks get drawn out another week without resolution. In the US, initial claims dropped to 787k. We see renewed growth in 10 year Benchmark yields, … Read more