Weekly Commentary | October 31, 2021
Macro Picture
Stocks hit new highs again this week during the busiest earnings season period. Cyclicals did the best, boosted by Tesla shares which brought that company's market capitalization over $1T. Energy was the weakest but fell only marginally (-0.7%) due to oil prices edging back from multi-year highs.
Bonds fared well also as rates edged lowe…
