EWM Weekly Capital Market Highlights for Week Ended 05/11/2018

Post On May 18, 2018 by

WEEKLY CAPITAL MARKET HIGHLIGHTS: Global equity markets were mostly down on the week through Thursday. Of major markets, only the UK and China were in positive territory, and just barely. All other major markets posted returns in the low single digits. The Treasury yield curve steepened through Thursday. Yields on notes and bonds with maturities longer than three years in particular rose more than short-dated debt. Commodities were broadly up on the week. Energy and agriculture rose t...

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Endowment Index™ Declines for Week Ended May 18, 2018

Post On May 18, 2018 by

The Endowment Index™ calculated by Nasdaq OMX® (Symbol: ENDOW) closed at 1,273.44 today, falling from last Friday’s close of 1,279.41. The Endowment Index™ represents the investable opportunity for managers of portfolios utilizing the Endowment Investment Philosophy™ or otherwise incorporate alternative investments within a comprehensive asset allocation strategy. The Endowment Index™ measures performance for a multi-asset, globally-diversified, three-dimension...

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EWM Weekly Capital Market Highlights for Week Ended 05/11/2018

Post On May 11, 2018 by

WEEKLY CAPITAL MARKET HIGHLIGHTS: Among equities, large caps under-performed small caps; value stocks matched the performance of growth stocks; domestic stocks outperformed international stocks; and developed markets trailed emerging markets. Treasury yields little changed. The yield on the 10-year Treasury fluctuated within the narrow range of 2.95% – 3.00% Commodity indices jumped. The West Texas Intermediate crude oil price rose above $70 per barrel, as the US announced its withd...

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Endowment Index Posts Gain For Week Ended 5/11/18

Post On May 11, 2018 by

The Endowment Index™; calculated by Nasdaq OMX® (Symbol: ENDOW) closed at 1,279.41 today, rising from last Friday’s close of 1,261.60. The Endowment Index™ represents the investable opportunity for managers of portfolios utilizing the Endowment Investment Philosophy™ or otherwise incorporate alternative investments within a comprehensive asset allocation strategy. The Endowment Index™ measures performance for a multi-asset, globally-diversified, three-dimensiona...

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Endowment Index Closes Lower For Week Ended 5/4/18

Post On May 4, 2018 by

The Endowment Index™; calculated by Nasdaq OMX® (Symbol: ENDOW) closed at 1,261.60 today, falling slightly from last Friday’s close of 1,263.49. The Endowment Index™ represents the investable opportunity for managers of portfolios utilizing the Endowment Investment Philosophy™ or otherwise incorporate alternative investments within a comprehensive asset allocation strategy. The Endowment Index™ measures performance for a multi-asset, globally-diversified, three-...

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EWM Macro View-April 2018

Post On May 4, 2018 by

The domestic equity markets were mixed in the first month of the second quarter, but generally ending just either side of breakeven. The two exceptions were the Russell 2000 Value Index, which was up 1.7%, and the Russell Midcap Growth Index, which was down 94 basis points. The indices were driven by the Energy sector in April, as oil prices rose more than 7% in the month and ended near a three-year high. This is particularly true of the value indices, in which the Energy sector makes up a much ...

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EWM Weekly Capital Market Highlights for Week Ended 05/04/2018

Post On May 4, 2018 by

WEEKLY CAPITAL MARKET HIGHLIGHTS: Among equities, most US and European equity markets were lower on the week despite Friday’s rally. The NASDAQ Index was higher on the week, boosted by Apple’s earnings report on Friday. The Asian markets also were lower. Treasury yields were largely unchanged. Treasury yields remained within a basis point of last Friday’s close after the Fed’s decision to leave short-term rates unchanged on Wednesday and a benign jobs report on Friday. The US ...

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EWM Weekly Capital Market Highlights for Week Ended 04/27/2018

WEEKLY CAPITAL MARKET HIGHLIGHTS: Among equities, large caps outperformed small caps; value stocks led growth stocks; domestic stocks outperformed international stocks; and developed markets trailed emerging markets. The yield on the 10-year Treasury Note hit 3%. The yield on the 10-year Treasury Note finally hit 3%, the first time since January 2014. Commodity indices slid. Both crude oil and gold prices fell. Dollar jumped. The dollar rose sharply versus all major currencies, dri...

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Endowment Index™ Closes Lower For Week Ended 4/27/18

The Endowment Index™; calculated by Nasdaq OMX® (Symbol: ENDOW) closed at 1,263.49 today, falling slightly from last Friday’s close of 1,265.02. The Endowment Index™ represents the investable opportunity for managers of portfolios utilizing the Endowment Investment Philosophy™ or otherwise incorporate alternative investments within a comprehensive asset allocation strategy. The Endowment Index™ measures performance for a multi-asset, globally-diversified, three-...

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EWM Weekly Capital Market Highlights for Week Ended 04/20/2018

WEEKLY CAPITAL MARKET HIGHLIGHTS: During the week, small cap equities’ returns versus large cap returns were mixed; growth stocks led most value stocks; international stocks trailed their domestic counterparts; and emerging markets outperformed developed markets. The yield on the 10-Year Treasury Note stayed mostly flat for the week, ending roughly around 2.9%. Purchase applications for home mortgages rose about 6% last week. The week's sharp pickup in mortgage activity shows buyers...

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