- Big move higher in commodities last week on a 4.3% bounce in oil prices. Real Estate still leads all asset classes.
- Both small stocks and value stocks gave up their leads last week. Last year’s trend of growth and big stocks leading has reasserted itself.
- Developed markets are leading emerging. Trump-Xi summit, originally hoped to occur in March, will likely be delayed until June.
- Fed meeting this week. They are expected to announce Wednesday when they will stop the wind down of balance sheet runoff – consensus is September.