Weekly Commentary | August 8, 2021
Macro Picture
Stocks finished the week up nicely with the S&P 500 up nearly 1% and the Nasdaq up just over 1%, for all new record highs. International stocks were up in line with domestic indices. The key headline this week was the increase in long-rates after the strong jobs report on Friday. We will watch this week if that trend continues.
The payrol…
