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World Wrap

World Wrap

US equities posted strong gains, outpacing international stocks and bonds, amid optimism over Fed cuts and easing China trade tensions; commodities also rose.
Tech and energy led market gains as cooling inflation and upbeat earnings lifted sentiment, while defensive sectors like staples lagged.
Abroad, Europe notched weekly gains and the U.K. hit a record; EM rallied with China, Korea and Indonesia leading while Mexico slipped.
Rates eased and core bonds rose. Oil posted a strong weekly rebound on Russia-sanctions headlines. Gold fell while the dollar was up modestly.

World Wrap

World Wrap

– U.S. stocks rose; REITs led as yields eased. Oil fell a third straight week, leaving commodities mixed; non-U.S. equities were little changed.
– Tech & communication services outperformed; real estate rebounded on lower rates. Energy lagged and banks flickered on credit-risk headlines.
– Overseas, Europe eked a small weekly gain while EM appetite cooled on outflows; China property strains kept country moves mixed.
– Yields slipped, lifting Treasuries and core credit; gold stayed hot as the dollar softened, while oil logged a third weekly loss.

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Market Risk Index

Market Risk Index scales from 0 to 100%. Higher readings correspond with higher risk markets. Scores below 25% are bullish. Scores between 25-75% are neutral, and scores above 75% are markets vulnerable to major drawdowns.

Model Category Readings (Percentiles)

  • Psychology 99.7% 99.7%
  • Monetary 87.2% 87.2%
  • Valuation 99.3% 99.3%
  • Market Trend 9.8% 9.8%

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