Weekly Commentary | August 29, 2021

Macro Picture

The equity indices finished higher hitting fresh records after last week's small sell off.  Emerging markets had a very strong week rising over 4%.  The Nasdaq did well also rising 2.9%.  The S&P finished up 1.5% and is now up 21.2% YTD.  The largest moves were made on Friday after the Fed Chair's Jackson Hole speech turned into a nothing b…