Market Notebook


Global equities traded generally higher on the week while bonds appeared to be range bound.

The Conference Board’s Leading Economic Index improved in November, bringing the index to within about 3% off of its 2020 high, suggesting economic conditions continue to improve.

It seems likely that a COVID relief bill will get passed in the coming week. Tuesday and Wednesday are heavy economic data release days. Thursday is a short trading day and Friday the markets are closed. Expect chop given the above.

The number of states with an RT below 1.0 roughly doubled from last week. This is excellent news. Given the positive trend combined with a vaccine roll out, we should see continued improvement in the days, weeks, and months ahead.

Link to the CDC data:

Bookmark this COVID-19 site.

– Best

Cory Haupt

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