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  • Market Commentary - Week ending January 19, 2018 

Market Commentary - Week ending January 19, 2018 

It was yet another week of solid gains for the market and there was no change in Our Short Term Indicator ( we remained BULLISH)

  • The US stocks continued their climb. 
  • On Fixed Income side, the US 10 Yr. Treasury yield was up to 2.66%, the highest since 2008.
  • The US dollar continues to slide lower as an uptick in inflation is being forecasted on account of tax law changes.
  • The Consumer Sentiment Index  reported by University of Michigan fell to 94.4 in January of 2018 from 95.9 in December. The survey's chief economist Richard Curtin noted that "The disconnect between the future outlook assessment and the largely positive view of the tax reform is due to uncertainties about the delayed impact of the tax reforms on the consumers,"  You can visit Consumer Sentiment Index to learn more.

Read more, get the full report. Please click on the link below to download your copy today. Please visit our website. Have a question or comment, send us an email at info@pacificinvestmentresearch.com 

Market Commentary Week Ending 1-19-18
Pacific Investment Research

Written by Pacific Investment Research

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