Domestic equity markets were up on the week as the second quarter ended. The weekly gain in the S&P 500 was 2.2% and helped bring the quarterly return to 20.5%. Foreign equities were negative on the week and continue to underperform domestic equities. The Bloomberg Barclays Aggregate Bond Index was up fractionally, and gold prices...
There was a decline in domestic equity markets this week. The S&P 500 Index was down 2.01%. Global increases in COVID-19 cases have led to increased fears of a pronounced “second-wave.” The Google Activity Index, the blue line in the graph below, shows increasing global mobility as lockdowns ease. More people are going out. This...
Equity markets fell sharply last Thursday in what was the largest drop since March. The S&P 500 was down almost 6% as COVID-19 cases are rising around the globe. Stocks would claw their way back with the S&P 500 ending down 2.4% for the week. The NASDAQ continues to be the outperformer in down markets...
