- Equity markets generally were up around the world, as central bank policies continue to be easy in the face of slowing growth and global trade wars. The S&P 500 Index hit a record high after the Fed;s hint of future rate cuts.
- Emerging markets led the way, rising more than 4% this week, as investors’ risk appetite returned following the accommodative signals from the Fed and the ECB,
- Volatility fell this week and the CBOE Market Volatility Index (VIX) was down more than 7%.
- The US dollar was down slightly for the week.
- Commodity prices were up during the week, led by a surge in oil prices.
- Treasury yields declined across all maturities, with the yield on the 10-year US Treasury Note falling to its lowest level in two-and-a-half years. The yield curve continued to be inverted.
Click here to download the complete weekly report: EWMWeeklyReview 6.21.19
Disclosure: Past performance is not necessarily indicative of future results.