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Week in Review 01/15/2021

A mixed performance across global equities this week, though Friday was mostly a down day. In the US, initial claims jump to 965k, a troubling reversal of recent trends. The Federal Reserve continues to support market with its asset purchases, though momentum be slowing. Fixed income spreads are increasing in the riskier issuances. In commodities, … Read more

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Week in Review 01/09/2021

Global equity markets kick into gear after slower first week. In the US, equity markets rise to new highs once again. The labor markets underperforms as job recovery halts after December virus surge. Sentiment indicators released for December show that manufacturing confidence continues to increase, but consumers and services are much less certain about their … Read more

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Week in Review 12/18/2020

Equity performance mostly up or flat on the week. S & P 500 and DAX edged some gains while FTSE and Nikkei relatively unmoved. US initial claims made headlines with a bigger than anticipated rise in levels to 885k. 10 Year Benchmark yields rally back into recent range. US New Building Permits rose again in … Read more

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Week in Review 12/11/2020

Week is mostly flat for equities with some risk off sentiment towards Thursday and Friday. US CPI continues post recovery increase but Initial Claims rise to 835,000 on the week. US 10 year yield end week essentially where it started as levels continue to go sideways. US Federal budget balance improves, though remains in deficit. … Read more

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Week in Review 12/04/2020

Global equity markets mixed on slight upward or sideways pressure. Despite the slowdown in bullish momentum, US equity markets in particular still had record setting moments this week. US Initial jobless claims fell back to down to 712k. US 10 Yr Treasury rates jump this week but fails to reach recent highs before correcting somewhat … Read more

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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