Weekly Commentary | April 4, 2021

Macro Picture

The S&P 500 crossed the 4,000 mark for the first time ever on the holiday-shortened week.  The S&P 400 Midcap Index also hit a new high on Thursday.  Early in the week we saw volatility rise because of the Archegos blowup but contagion worries from a few stocks being liquidated were put to rest by Wednesday.  The news flow quickly shifted t…