Market Update From Valeo Financial Advisors (November 12, 2016)
November 12, 2016    Disclosures    POSTED IN  Markets

Globally markets swung wildly Tuesday night as U.S. election results were being tabulated. Overnight U.S. stock market futures fell 5% causing trading to be suspended. Other national stock market indexes fell significantly, in line with the U.S. As dawn broke in the U.S., risk assets staged a dramatic comeback. By the end of Wednesday most major stock market indexes were positive. A stunning reversal. Along a similar timeline, interest rates on U.S. Treasury bonds fell overnight on Tuesday only to rise significantly by the end of the week. The 10-year U.S. Treasury note yield increased from 1.79% last week to 2.12% to close this week, resulting in the largest four day advance since June 2013.


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