In the shortened trading week, U.S. equities were able to extend their winning streak to nine weeks. Both the Dow and S&P gained 0.60%, the Nasdaq added 0.8% with mid and small caps both up over 1%. Utilities and materials gained 2.4% and 2.3% and led the sectors with tech…

Inching Closer to a Trade Deal Equities climbed higher four out of five days this week. Helping the cause were positive reports on the US/China trade negotiations and Congress averting another Gov’t shutdown. The S&P 500 added 2.5% the Dow gained 3.1%  but it was the small caps that rallied…

Yields Continue to Invert Back to reality this week as the fundamental issues of a slowdown in global growth and a U.S.- China trade deal caused some broad-based buying of Treasuries. The 1 Year US Treasury is now yielding more than the 2,3, 5 or 7-year maturities. Treasuries are pricing in slower…

Best January since 1987. Stocks and bonds saw broad-based gains this week. The Dow rising 1.3%, the Nasdaq adding 1.4%, and the Russell 2000 up 1.3%. Energy, real estate, staples, utilities industrials, and healthcare all gained more than 2%. The US bond aggregate gained 0.52% while higher grade corporates gained…

A Three Week Reprieve from the Shutdown  Volatility fell as markets had a mixed week with the S&P500 pulling back slightly. Sectors were also mixed as energy, staples, and healthcare all fell more than 1% while tech and real estate both climbed by more than 1%.  Domestic markets underperformed as EM gained 1.4%…