Market Notebook

Discussion –
PRICE ACTION:
Equity prices, as measured by the ticker SPY, traded higher, while bond prices, as measured by the ticker BND, closed lower during the last week.
SPY +5.67%
BND -2.44%
TECHNICAL ANALYSIS:
SPY price has broken below March supports, suggesting the potential for additional weakness over the short term.
BND price appears to be consolidating within a wide price range.
SENTIMENT:
U.S. trade policy is driving significant volatility across virtually all markets.
ECONOMY AND FUNDAMENTALS:
Economic fundamentals remain positive, with measures of confidence under stress.
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.