– Global equities declined, and Treasuries were flat for the week.
– While cap-weighted US Equities declined on Large Cap Growth weakness, 6 of 9 style boxes and 6 of 11 sectors advanced.
– Emerging markets were off more than 3% for the worst one week slide since April.
– Broad declines in commodities across every major commodity sector last week.

– US Equities were unchanged, while all other key global asset classes declined.
– Nvidia sucked the air out of the room last week. Large Cap Growth and Tech were the only style and sector to advance.
– Emerging markets suffered their first down week in a month – ending a powerful run. China pulled back more than 4%.
– Metals and Energy pulled back. Gold was off more than 4%, while the dollar was flat.

– Broad rally among financial assets globally with Commodities leading the way.
– All style boxes advanced led by Large Growth and Technology stocks. Widely followed US indices made new all-time highs, but only 2 of 9 style boxes did the same.
– Emerging markets outperformed. China was up 4.3% and has climbed more than 18% over the last month.
– The dollar declined, while Energy and Metals prices surged – natural gas futures were up more than 12%.

– Global equities rallied, led by US stocks. Prices on US Treasuries were flat.
– Broad move higher in stock prices as all sectors, factors, and style boxes advanced.
– Developed markets outperformed as Germany climbed more than 4%. Germany was the second best performing country in the world last week.
– Precious metals outperformed all commodity sectors, as Gold and Silver prices appear poised to test their highs.