Market Notebook, December 14th, 2020

 <CLICK TO READ THIS WEEK’S NOTEBOOK> Although U.S. equities were generally lower over the previous week they remain in what appears to be a near term uptrend. Bonds reversed course and moved higher on the week.It appears as though a vaccine has been...

Market Notebook, December 6th, 2020

 <CLICK TO READ THIS WEEK’S NOTEBOOK> U.S. equities made new highs while bonds ex high yield, retreated last week.In the short to medium term, market participants are likely to be interested in the strength of the real economic recovery globally. Will the...

Market Notebook, November 29th, 2020

 <CLICK TO READ THIS WEEK’S NOTEBOOK> Both global equities and bonds traded higher last week.The theme of winners and losers continues. Normalization of economic activity is well off into the future, however, market price action is signaling...

Market Notebook, November 22nd, 2020

 <CLICK TO READ THIS WEEK’S NOTEBOOK> Global equities mostly outperformed U.S. equities last week with U.S. equities finishing the week in what could be called a consolidation range. BND, the Vanguard Total Bond Market ETF closed above the 20 day...

Market Notebook, November 15th, 2020

 <CLICK TO READ THIS WEEK’S NOTEBOOK> Global equities moved sharply higher while the bond complex largely retreated last week. High yield bonds were the exception. BND, the Vanguard Total Bond Market ETF closed above the 20 day Exponential Moving Average...