– Global stocks and bonds were up across the board. Commodities were mixed – gains in metals offset falling crude oil.
– Broad based rally among sectors, styles, and factors. Value stocks and small cap stocks were outperformers.
– Both developed and emerging markets outperformed US stocks last week. 41 of 45 countries we track rallied.
– The dollar sold off, and precious metals rallied alongside prices in US Treasuries.
![World Wrap](https://www.cypresscapital.com/wp-content/uploads/Research/Reports/20231120-World-Wrap-pdf.jpg)