Weekly Snippet

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June 7, 2018
Weekly Snippet

Last Week…

Looking at the funds report, we suspect Europe doesn’t like Italy rattling its cage any more than it liked Brexit.

  • All Foreign Equities were down. While this is not a strong comparison, it could reflect a short term sentiment…

The U.S., on the other hand, is showing great stamina and the markets appear to be setting the stage for another ‘leg up’ heading into the second half of this year.

  • All U.S. Equities were up from the previous week.

Brian Schaitkin, Senior Economist of The Conference Board, stated, “With so many sectors creating new job opportunities, the number of workers who have been unemployed for more than six months has fallen by almost one-third during the past year”. This may be yet another reason why Americans are boosting their spending.

Also noteworthy for the week:

  • While the DOW dipped a bit, the S&P 500 advanced 0.56 %
  • US Large Growth moved up a full percentage point—0.97%
  • US Small Growth and Value both outstripped their larger US peers

And, if you recall a previous snippet showing checkerboard  performance – that is what fixed income looked like again last week.

Have a great weekend!

Indexes are listed in respective order to their reference above: MSCI EAFE NR USD; DJ Industrial Average TR USD; S&P 500 TR; DJ US TSM Large Cap Growth TR USD; DJ US TSM Small Cap Growth TR USD; DJ US TSM Small Cap Value TR USD. These materials have been prepared solely for informational purposes based upon data generally available to the public from sources believed to be reliable. All performance references are to benchmark indexes. Performance of specific funds will vary from respective benchmarks. Past performance is not an assurance of future results. Each index cited is provided to illustrate market trends for various asset classes. It is not possible to invest directly in an index. These materials have been prepared solely for informational purposes based upon data generally available to the public from sources believed to be reliable. All performance references are to benchmark indexes. Performance of specific funds will vary from respective benchmarks. Past performance is not an assurance of future results. Each index cited is provided to illustrate market trends for various asset classes. It is not possible to invest directly in an index.