– Global equities declined, while both Treasuries and commodities edged higher. REITs had it the worst, falling more than 2%.
– In a week of mostly declines, the Energy sector, midcaps, and small caps were standouts for managing to finish the week in positive territory.
– The median country return was flat. Developed markets declined slightly, but Emerging markets were up. China declined again this week.
– 20Yr Treasury prices were up more than 2%, as the US dollar managed to buck recent trends and close higher.

– Stocks and REITs rallied while Commodities and Treasuries declined.
– Energy led all sectors for the week, and Utilities crossed into negative ytd return territory. Small Cap Value has gone positive for the year.
– Emerging markets had a strong week, despite a nearly 2% decline in Chinese equities.
– US Dollar declines have accelerated since December began, and gold has finally managed to rally after several losing weeks.