Weekend Market Review, 9.15.19: Upside Equity “Melt-Up” Now More Likely.
The US and Global equity markets continued their respective rallies last week, with small caps sharply outperforming large cap names. This rally was lead by regional banks, industrials, commodities, and real estate; while longer-term interest rates rallied on the back of more bullish expectations and volatility broke down. This is not what you typically find in a bear market.
Below are some highlights: