- Domestic equities were up for the week, with small cap stocks appreciating the most. International equities ended the week in positive territory as well, with emerging market stocks outperforming their developed market counterparts.
- Treasury yields were up through end of day Thursday, with longer-term yields risking more than ten basis points, while shorter yields were only up by two basis points.
- The US dollar strengthened during the week, notably appreciating against the British pound as Britain seeks to delay it’s European Union departure.
- Commodities were up for the week, reaching new highs for the year, on news that the United States is considering more sanctions against Iran.
- In other economic news, the institute of Supply Management (ISM) has released the March Non-Manufacturing Purchasing Managers’ Index (PMI), and reported a headline composite number of 56.10, down 3.60 since last month. This represents continued growth in the non-manufacturing sector.
Click here to download the complete weekly report: EWMWeeklyReview 04.08.19
Disclosure: Past performance is not necessarily indicative of future results.