– Global equities and fixed income climbed, while Commodities declined on lower oil prices.
– The advance was broad during the holiday shortened week with all factors, sectors and styles moving higher.
– China was the worst performing country in the world last week, declining 3.1% and weighing on Emerging market indices.
– Long-term Treasuries rallied causing the yield curve inversion to fall to new lows.

– Prices for US Equities and Commodities went lower. Oil prices fell more than 9% over the week.
– Traditional defensive sectors Healthcare, Staples, and Utilities all rallied. All other sectors declined.
– Both developed and emerging international stocks moved up. China advanced 4.2%.
– Yields fell on Treasuries with longer maturities, making the yield curve inversion even steeper.