Week ending 8/17/2018
Dollar dropped this week, perhaps as concerns that the currency volatility in Turkey would spread to emerging markets calmed. Several major US retailers announced earnings and despite some beating expectations, the industry outlook remains negative.
The SP500 is near its 6-month high, as the 10 Yr treasuries fall back towards February levels.
US 10 Yrs are still growing in attractiveness compared to comparable European yields, but Asian yields have been gaining.
Markets across Europe and Asia weaken over the last 2 weeks.