tadamichi
By Geoff Bysshe
Last week, the S&P 500 reclaimed the $6,000 mark with the help of a surprisingly mediocre monthly employment report.
There is an important market message here, and...
It coincided with a big breakout in silver, which
Silver, Small Caps And More Surprises Light Up The Leaderboard
Summary
- The S&P 500 reclaimed the $6,000 mark last week with the help of a surprisingly mediocre monthly employment report.
- This coincided with a big breakout in silver and a big rotation into two economically sensitive commodities and into small caps.
- However, the MSCI All Country World Index (ACWI) is outperforming the S&P 500 by 4.8%.
- The Circle IPO last week was one of the largest in decades. Its stock soared over 250% in two days, establishing the company’s value at over $16 billion.
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