– Global equities and fixed income declined while Commodities rallied on a rebound in oil prices
– Ten of 11 sectors closed in the red. Energy was the only sector to advance for the week.
– International equities underperformed US stocks, with China down 2.9% and Germany declining 3.2%
– Crude oil prices snapped back this week gaining more than 8%. Bitcoin fell 7.9% after several weeks of strong performance.
![World Wrap](https://www.cypresscapital.com/wp-content/uploads/Research/Reports/20230213-World-Wrap-pdf.png)