<CLICK TO READ THIS WEEK'S NOTEBOOK> Both global equities and the bond complex consolidated last week.As expected, the Conference Board's Leading Economic Index for the U.S. decreased in April. The following is an excerpt from The Conference Board's press...

 <CLICK TO READ THIS WEEK'S NOTEBOOK> Both equities and the bond complex remained in consolidation, trending slightly towards weakness during the last week.Market participants are keeping close watch on the pace of recovery as states attempt to reboot their...

 <CLICK TO READ THIS WEEK'S NOTEBOOK> Equities inched higher while the bond complex consolidated on the week. Market prices appear disconnected from underlying economic data at the moment. Market participants appear to be pricing in a swift recovery in economic...

 <CLICK TO READ THIS WEEK'S NOTEBOOK> Global equities and the bond complex largely consolidated on the week.Market participants appear to be shifting focus to future earnings as no new government interventions are pending. The reality of where earning go from...

 <CLICK TO READ THIS WEEK'S NOTEBOOK> Last week might be considered a consolidation week for fixed income and equities generally speaking. Visibility into the real economy remains poor as states consider whether to begin lifting stay at home restrictions.The...

 <CLICK TO READ THIS WEEK'S NOTEBOOK>  Equities and much of the bond complex moved higher on the week. Prices appear as thought they are being driven primarily by news flow and the prospect of continued government support during the COVID-19 pandemic. Market...

 <CLICK TO READ THIS WEEK'S NOTEBOOK>  Market volatility continued last week as both equities and bonds pushed higher. Positive news regarding the leveling off of cases in New York along with Federal Reserve action and promises of more fiscal stimulus by...

 <CLICK TO READ THIS WEEK'S NOTEBOOK> Last week was a negative week for equities and a consolidation week for bonds, generally speaking.  Negative news flow associated with COVID-19 dominated the headlines as expected.  It appears likely that next week will be...

<CLICK TO READ THIS WEEK'S NOTEBOOK> Market participants experienced historic levels of volatility last week as both equities and bonds rallied on the news of government stimulus plans.  Most importantly, damage in the bond complex was repaired to a large extent...

 <CLICK TO READ THIS WEEK'S NOTEBOOK> Market participants were indiscriminate in their selling last week of anything not bolted to the floor.  The virus pandemic and associated government response has reduced economic visibility to near zero as the actions being...