Weekly Commentary | July 11, 2021

Jul 12, 2021

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Macro Picture

The major equity indices were mixed on the week with the S&P up 0.4%, the Dow up 0.24%, and Nasdaq up 0.43%. But we had small caps down 1.1% along with MSCI EM, which was down 2.25%. A lot of the EM weakness can be attributed to China- who's crackdown on internet companies continues.

Here's a chart from Charlie Bilello:

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