– US Equities and Commodities declined while International Equities and US Treasuries were flat for the week.
– All key factors, styles and sectors declined. Energy stocks were hit hardest – declining more than 8%.
– Emerging market equities squeaked out a gain, boosted by a 6.8% one week return from China.
– Crude oil prices corrected, finishing the week 11.1% lower.

– Global financial assets, both fixed income and equities, rallied. Commodities moved higher as well.
– Value stocks struggled on weakness in Energy stocks and Financials.
– Sharp rebound in Emerging market stocks as China rallied almost 9% in a week.
– Lumber prices are down 52% ytd and have fallen to pre-Covid levels – signs of a softening housing market.