Market Notebook
Discussion –
PRICE ACTION:
Equity prices, as measured by the ticker SPY, and bond prices, as measured by the ticker BND, closed lower last week.
SPY +0.65%
BND -0.64%
TECHNICAL ANALYSIS:
SPY price appears established in an upward trend.
BND price appears established in an upward trend.
SENTIMENT:
Market participants continue to be bullish on equities and short-term bearish on bonds within the context of a longer-term upward trend in bonds.
ECONOMY AND FUNDAMENTALS:
The Conference Board’s Leading Economic Index for November showed an increase in November for the first time since February of 2022 according to the December note. Nonetheless, The Conference Board sees growth slowing to 2.0% in the U.S. in 2025.
All the best during the week ahead!
Disclaimer: Nothing in this discussion should be considered investment advice. The content of this discussion is strictly my personal opinion and subject to change at a moment’s notice. Investment advice can only be provided to you by your investment professional and not by a general market discussion such as this one. If you wish to speak with an investment advisor, contact us. We can probably help.