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.