Market Notebook, October 4th, 2020

 <CLICK TO READ THIS WEEK’S NOTEBOOK> Global equities were mixed with the S&P 500 hovering near the 50 day moving average while bonds remained within a longer term consolidation range. Such price action is encouraging given last week’s news...

Market Notebook, September 27th, 2020

 <CLICK TO READ THIS WEEK’S NOTEBOOK> Global equities pulled back sharply during the last week while bonds moved somewhat lower, remaining within a longer term consolidation range. High yield was an exception, moving below the recent consolidation...

Market Notebook, September 20th, 2020

 <CLICK TO READ THIS WEEK’S NOTEBOOK> U.S. equities and bonds appeared to consolidate in a wide ranging channel during the last week. Individual countries diverged and appeared to decrease their price correlation with one another. Various sectors within...

Market Notebook, September 13th, 2020

 <CLICK TO READ THIS WEEK’S NOTEBOOK> Roughly speaking, last week could be considered a consolidation week for U.S. equities albeit one with elevated volatility. The bond complex was mixed depending on where in the term structure one were to look. Slow...

Market Notebook, September 6th, 2020

 <CLICK TO READ THIS WEEK’S NOTEBOOK> Market “fragility” was on display last week as global equities moved sharply lower while the bond complex largely consolidated. Recovery in the real economy continues at a slow pace. Corona virus infection...