Banner

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

Banner

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

Banner

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

Banner

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

Banner

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

Banner

Week in Review 10/16/2020

Equity indices see a general risk off week, though net price action ends up pretty flat for many. September US CPI levels now above pre-lockdown highs, while US Initial Jobless Claims comes in higher then expected at nearly 900k. 10 year benchmark yields drop on the week. Federal budget deficit largely unchanged from August. In … Read more

Banner

Week in Review 10/9/2020

Bullish week for equities as most indices end on gains. Initial claims in the US basically unchanged at 840k on the week, up from 837k. 10 year Treasuries looked like it was going to make gains on the week but renewed demand on Friday, ending up unchanged from Monday levels. Lagged dollar index levels confirm … Read more

Banner

Week in Review 10/2/2020

Many global equity indices see a risk off week. S & P 500 had an up day on Monday, but was back where it started back Friday. In US macro, initial claims decreased by 40k, less than expected. Headline news was the jobs report which came in light with just 660k jobs created, vs ~800k … Read more

Banner

Week in Review 9/25/2020

S & P 500 ends week on a rally but levels largely unchanged from start of the week. Many global equity indices show uncertainty on the week as well. US initial jobless claims rose back above expectations with 860k new claims. Benchmark treasury yield range tightening after a volatile August and September. Latest Dollar index … Read more

Banner

Week in Review 9/18/2020

Most major equity indices saw a risk off week. S & P 500 posted mid week gains that evaporated by Friday. Federal Reserves announces low rate environment until 2023. In the US, jobless claims dropped by 24k to 860,000. Benchmark Treasuries yields increase on the week. Dollar indices down on week but bullish momentum still … Read more