Weekly Market: The Data That Matter

In this week's market update...

  • The Stock market experienced a downturn:
    • S&P 500 and Nasdaq declined by -1.4%.
    • The REIT sector was down by -3.9%.
    • The Total International Stock Index was down by -3.4%.
  • The Bond market had a mixed performance:
    • The 10-Year bond recorded a decrease of -0.8%.
    • The 2-Year bond saw a slight increase of +0.2%, resulting in a steeper yield curve of -0.97% -- a level not seen since August 1981.
  • The Commodity Index was down by -2.8%:
    • Crude Oil prices experienced a significant drop of -3.2%.

Watch for the 'Screaming Screeners' section to uncover hidden opportunities and make well-informed investment choices.


Market Snapshot


Portfolio Allocations and Performance:

Account #1                                                 Account #2


S&P 500 (Red), Account #1 (Blue), Account #2 (Green)


** Regrettably, I had to liquidate my investments, but I am now reentering the world of investment with renewed enthusiasm. **


Bonds

10-Year Treasury Yield

Jun 23: 3.73%

Aaa Corporate Yield

Jun 22: 4.67%


Equities

Snapshot






S&P 500

Jun 23: 4348 pts

Economic Data

Federal Funds Effective Rate, Frequency: Monthly

May 2023: 5.06%

10-Year minus 2-Year Treasury Yield Curve, Frequency: Daily

June 23: -0.97%

Unemployment Rate, Frequency: Monthly

May 2023: 3.7%

PCE Inflation Rate, Frequency: Monthly

Apr 2023: 4.80%

Rail Freight Intermodal Traffic, Frequency: Monthly

Apr 2023: 1,005,278 units

Screaming Screeners













Data Sources: Economic data sourced from Federal Reserve Economic Data (FRED) by the Federal Reserve Bank of St. Louis. Market data and charts obtained from StockRover.

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