Weekly Insight | October 9, 2019

Equities bounced back this week with domestic large caps outperforming small caps. The S&P 500 was up 1.2%, whereas small caps were flat. Bond yields inched higher resulting in little change in the Bloomberg Barclays Aggregate Bond Index. Emerging market and foreign developed equities underperformed in the United States.

Equities rallied sharply on Friday following a decent monthly jobs report where 136,000 net adds were reported.

Weekly Insight | October 2, 2019

The markets are not a fan of the global manufacturing numbers coming out. This week’s returns may indicate equity markets actively don’t like the manufacturing numbers. The S&P 500 was down 2.5% for the week as of yesterday. This is the lowest weekly level since the beginning of August.

We are seeing the impact of the trade conflict on global manufacturing.