Market Notes

Our portfolios are weathering the storm as well as could be expected due to having set aside cash across the board in September and adding to it throughout October and November. We have been getting increasingly cautious all year long – which has served our clients well.

Market Notes

Market Notes

In choppy trade so far this month, the S&P is up about 1% and is less than 1% from its all‐time high

achieved on January 26th, 2018. The 10‐year treasury yield has fallen 3.7% to 2.84%. The dollar is the

major story with the index hitting a high of 96.98 breaking out to a new 52‐week high and causing

commodities to apparently crash in price.