Financial Week in Review 5/13/22

Friday relief rally saves equity index from another net down week.

Dollar mixed over week, showing strength against Europe but weakness against commodities.

Food prices show renewed strength while metals continue to lag. Energy remains in consolidation range.

Bit more flattening in US Treasuries.

High yield spread continues liftoff.

Inflation expectations tick back up.

High correlation in equity sectors. Semis and Biotech probably show strongest rebound in covered sectors.

BTC breaks range to sub $30k.

Leave a Comment