Financial Markets & EconomyWeekly Capital Market Updates

EWM Weekly Capital Market Highlights for Week Ended 5/24/2019

By May 28, 2019 No Comments
  • The yield on the 10-year US Treasury Note dropped to its lowest level since 2017, as the trade war has nervous investors seeking cover in safe havens. It fell below the yield on the 1-year for the second time this year, a warning sign of recession.
  • Oil prices were on track for their most significant weekly loss this year, with Brent crude oil set for a decline of more than 5%, although it recovered almost 1% in early trading on Friday.
  • Gold benefited from heightened trade tensions, rising above $1,280 per ounce, up 0.5% for the Week. The dollar moved lower on Friday, away from its two-year high, after weak manufacturing data and potential economic fallout from a trade war with China increased expectations for an interest-rate cut this year.
  • Within equities, all of the various market capitalizations and styles posted negative results for the week. Large cap held up the best, while small cap had the largest decline; value outperformed growth in most market capitalizations except for small cap value, which trailed the most; international slightly outperformed domestic stocks, and developed markets outperformed emerging markets.

Click here to download the complete weekly report: EWMWeeklyReview 5.28.19

Disclosure: Past performance is not necessarily indicative of future results.