Market Notebook


Last week was a volatile week for both equities and bonds. Inflation expectations may have played a role.

Given the conditions in the real economy, the level of recent fiscal stimulus, and continued accommodative monetary policy, it appears that price declines in equities are more likely to be opportunities to buy rather than signals to sell.

Regarding bonds generally, inflation has the potential to negatively affect prices further. Be wary of possible negative momentum in the bond complex.

– Best

Cory Haupt

Click Here to sign up to receive the market notebook in its entirety each week.