Lack Of Breadth Glaring Issue
A lack of breadth kept most sectors down for the week.
Stretched Valuations No Concern For Investors
Big tech roared back to life last week, while defensives took a back seat.
Equities Shift Focus While Marching Higher
While equities moved higher in a holiday-shortened week, not all sectors were equal as cyclicals gave way to defensives.
Equities Move Higher, But Valuations Concern
Equities resume run higher, despite stretched valuations.
Election Shine Fading?
Equities and bonds dropped last week as inflation moved higher and uncertainty about tariffs, et. al. hit markets.
Fed & Election Move Markets
Virtually all risk assets were higher last week after the election results and another rate cut by the Fed.