by Rachel Poole | Mar 21, 2020 | Uncategorized, Weekly Market Update
Global equities continued their decline this week amid the continuation of the COVID-19 global health crisis. Volatility remained extremely high, reaching 85 on Wednesday before dropping back down to 63 on Friday. The yield on the US-Treasury note rose 0.16% to 1.08%...
by Rachel Poole | Mar 14, 2020 | Uncategorized, Weekly Market Update
Market Action Global equities were dramatically lower on the week, officially entering bear territory for the first time in 11 years. On Thursday, the S&P 500 suffered its largest one-day percentage drop since 1987 while Europe suffered is largest one-day drop on...
by Rachel Poole | Mar 7, 2020 | Uncategorized, Weekly Market Update
Market Action Global equities increased slightly on the week, but the coronavirus outbreak continues to influence markets. The yield on the US 10-year Treasury note hit an all-time low of 0.67% before bouncing back up to 0.76% The price of a barrel of West Texas...
by Rachel Poole | Feb 29, 2020 | Uncategorized, Weekly Market Update
Market Action Global equities fell dramatically this week as the coronavirus spread outside of China at a high rate, and fears of a global recession skyrocketed. US stocks had their worst week since the 2008 financial crisis. The S&P 500 index experienced the...
by Rachel Poole | Feb 22, 2020 | Uncategorized, Weekly Market Update
Market Action Re-emerged fears over the spread of the coronavirus seem to be the cause of the fall of global equities this week. The yield on the US 10-year Treasury note fell 11 basis points to 1.46% while the yield on the US 30-year Treasury bond hit a record low of...
by Rachel Poole | Feb 15, 2020 | Uncategorized, Weekly Market Update
Market Action Global equities were stronger on the week while the yield on the US 10-year Treasury note dropped two basis points to 1.57%. The price of a barrel of West Texas Intermediate crude oil increased to $52.00 from $50.65 last week. Volatility, as...