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Market Notebook, October 25th, 2020

 <CLICK TO READ THIS WEEK'S NOTEBOOK> Global equities were mixed last week while U.S. equities slid and bonds appeared solidly entrenched in a down trend. BND, the Vanguard Total Bond Market ETF remained below the 20 day Exponential Moving...

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Market Notebook, October 18th, 2020

 <CLICK TO READ THIS WEEK'S NOTEBOOK> Global equities struggled last week while bonds drifted higher. BND, the Vanguard Total Bond Market ETF remained below the 20 day Exponential Moving Average and 50 day Simple Moving Average.Recent excess...

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Market Notebook, October 11th, 2020

 <CLICK TO READ THIS WEEK'S NOTEBOOK> Global equities moved sharply higher while bonds were mixed with high yield moving higher and less risky issues slumping lower. BND, the Vanguard Total Bond Market ETF remained solidly below the 20 day...

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Market Notebook, October 4th, 2020

 <CLICK TO READ THIS WEEK'S NOTEBOOK> Global equities were mixed with the S&P 500 hovering near the 50 day moving average while bonds remained within a longer term consolidation range. Such price action is encouraging given last week's...

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Market Notebook, September 27th, 2020

 <CLICK TO READ THIS WEEK'S NOTEBOOK> Global equities pulled back sharply during the last week while bonds moved somewhat lower, remaining within a longer term consolidation range. High yield was an exception, moving below the recent...

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Market Notebook, September 20th, 2020

 <CLICK TO READ THIS WEEK'S NOTEBOOK> U.S. equities and bonds appeared to consolidate in a wide ranging channel during the last week. Individual countries diverged and appeared to decrease their price correlation with one another. Various...

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Market Notebook, September 13th, 2020

 <CLICK TO READ THIS WEEK'S NOTEBOOK> Roughly speaking, last week could be considered a consolidation week for U.S. equities albeit one with elevated volatility. The bond complex was mixed depending on where in the term structure one were to...

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Market Notebook, September 6th, 2020

 <CLICK TO READ THIS WEEK'S NOTEBOOK> Market "fragility" was on display last week as global equities moved sharply lower while the bond complex largely consolidated. Recovery in the real economy continues at a slow pace. Corona virus...

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Market Notebook, August 30th, 2020

 <CLICK TO READ THIS WEEK'S NOTEBOOK>   U.S. equities moved sharply higher last week while longer duration bonds retreated and shorter duration bonds largely consolidated. Global equities were mixed. The "Risk On" trade appeared to be...

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Market Notebook, August 23rd, 2020

 <CLICK TO READ THIS WEEK'S NOTEBOOK> The bond complex gained some ground while U.S. equities advanced last week. Global equities were somewhat disconnected from U.S. markets and roughly consolidated on the week. Market participants in the...

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