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 numbers show that depreciation is continuing on, as M2 levels rise throughout September.

Slight increase in US Real Estate Loans in latest release, still well below August levels though.

Fed continues to ramp up Treasury and MBS purchases.

Slight divergence between CCC and AAA spreads. B rate OASs increase as well.

Down week in commodities as we see Agriculture and Metal indices drop.

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