Time Out for Face-to-Face Meetings
Due to the MWM client conference, this week, HAI is just prices. MWM would like to thank all clients! It’s a pleasure to serve you all!
Weekly performance: The S&P 500 was up 0.22%. Gold was nearly flat, down 0.01%, silver was up by 1.82%. Platinum was off 1.99%, and palladium lost 2.43%. The HUI gold miners index was off 3.12%. The IFRA iShares US Infrastructure ETF was up 0.62%. Energy commodities were volatile and mixed on the week. WTI crude oil was up 9.09%, while natural gas lost 1.65%. The CRB Commodity Index was up 2.00%. Copper lost 0.55%. The Dow Jones US Specialty Real Estate Investment Trust Index lost 2.25%. The Vanguard Utilities ETF was up 0.89%. The dollar index was up 2.16% to close the week at 102.28. The yield on the 10-yr U.S. Treasury was up 21 bp to close at 3.96%.
Have a wonderful weekend!
Best Regards,
Morgan Lewis
Investment Strategist & Co-Portfolio Manager
MWM LLC
