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Market Notebook, April 19, 2020

 <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...

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Market Notebook, April 12, 2020

 <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...

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MARKET NOTEBOOK, April 5, 2020

 <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...

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MARKET NOTEBOOK, March 29, 2020

<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...

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MARKET NOTEBOOK, March 22, 2020

 <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...

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MARKET NOTEBOOK, March 15, 2020

 <CLICK TO READ THIS WEEK'S NOTEBOOK> The spread of the Coronavirus appears likely to get worse in the U.S. before it gets better.  The real economic impact on the U.S. economy may be significant as activity in multiple countries around the...

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MARKET NOTEBOOK, March 8, 2020

 <CLICK TO READ THIS WEEK'S NOTEBOOK> Coronavirus concerns dominated trading last week as bonds outperformed with the exception of high-yield.  Equity prices as measured by the S&P 500 moved dramatically in both directions and eventually...

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MARKET NOTEBOOK, March 1, 2020

 <CLICK TO READ THIS WEEK'S NOTEBOOK>  It was a wild ride in both bond and equity markets last week. Bond prices, with the exception of high yield, moved higher while equity prices moved sharply lower on coronavirus fears.  As measured from...

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MARKET NOTEBOOK, February 23, 2020

 <CLICK TO READ THIS WEEK'S NOTEBOOK> Bonds moved higher on the week while equities retreated as market participant's concerns regarding the impact of the coronavirus grew.  Continued volatility associated with the coronavirus is expected.The...

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Market Notebook, January 26, 2020

 <CLICK TO READ THIS WEEK'S NOTEBOOK> Global equities moved lower along with high yield bonds while high quality bonds moved higher on the week. Virus fears coming out of China contributed to investor caution and a move out of risk assets....

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