Weekly Commentary | April 24, 2022

Macro Picture

We had another down week nearly across all asset classes with the markets shedding nearly 3% and the Nasdaq nearly 4%.  Fixed income was also down sharply as well as commodities.  Nothing really worked in the last week. 

Yields were up again with the 10-year touching 2.95% on the week but finishing at 2.90%.  Oil was down $5 to $101/bl and t…