– Global financial assets rallied across the board last week over enthusiasm from better than expected CPI data.
– All sectors, styles, and factors advanced. Small Cap stocks had a slight edge over big cap stocks last week.
– International equities outperformed with 42 of 44 countries moving higher.
– The US Dollar fell sharply setting a new 52 week low, and commodity prices climbed.

– Global Equities and US Treasuries declined, and Commodities advanced on a rebound in crude oil futures.
– Six-month performance spread between the S&P 500 and the Dow is the second widest on record – all-time record was set in March 2000.
– China has fallen back into a bear market – speculation increasing about potential stimulus.
– Unemployment rate dropped to 3.6% – keeping pressure on the Fed to raise rates this month.