- Stocks in the US were up slightly for the week. Large cap stocks outperformed their small cap counterparts. Meanwhile, value stocks under-performed growth stocks.
- Short-dated Treasury yields (six months and shorter) fell slightly during the week, while longer-dated Treasury yields fell. Treasuries dated from five to 30 years fell around 10 basis points, leading to a flattening of the yield curve.
- Developed markets stocks saw slight weakness during the week and under-performed US stocks. Growth stocks outperformed value stocks in developed markets. Emerging market stocks fell, declining by 2% during the week.
- Volatility was up in markets, as measured by the VIX, which increased more than 7% during the week.
- Commodity prices were largely lower for the week, led by crude oil, as OPEC indicated it was planning to maintain curbs on crude output throughout next year but would hold off on more aggressive cuts.
Click here to download the complete weekly report: EWMWeeklyReview 11.18.19
Disclosure: Past performance is not necessarily indicative of future results.