– Complete reversal of the action from the prior week – Global equities and commodities declined, while Treasuries and the Dollar rallied.
– Sharpest one week drop for stocks since March. Ten of 11 sectors closed lower – Healthcare stocks advanced.
– Short-lived return to positive year-to-date returns for China – Chinese equities fell 6.7% last week.
– Bitcoin rallied 17%, making a new 52 week high in the process.

– Global equities and Commodities rallied, while prices on US Treasuries and the Dollar declined.
– Last week’s stock rally was broad – all sectors, styles and factors moved higher.
– China’s re-opening narrative has been a dud, but their stock market managed to cross into positive return territory for 2023 after a one week increase of 3.6%.
– Crude oil futures advanced by 7% in a week where all key commodities climbed.