– Mixed week for asset classes – US equities and commodities rallied, while international equities and US Treasuries declined.
– Small caps, Value stocks, Energy, and Financials outperformed. Energy stocks climbed 4.7%.
– China declined again, falling 2.8% last week and down more than 17% ytd.
– Treasury yields climbed as did key commodities. Crude oil was up 3% and Lumber 4.5%.
