– Seasonably strong period for stocks starts right on cue with a substantial rally for equities globally. The dollar fell by more than 4%.
– Growth stocks outperformed – Tech stocks were up more than 10% on the week.
– Developed markets outperformed US on strength in European markets and Japan.
– Bitcoin’s bear market took another leg down, declining 20%, on news of the failure of popular crypto exchange FTX.
![World Wrap](https://www.cypresscapital.com/wp-content/uploads/Research/Reports/20221114-World-Wrap-pdf.png)