Daily Market Commentary

December 6, 2017

Bonds
Long-end flattening of Treasury curve continued to be in focus, despite no clear catalyst for the move on Tuesday

Economy
Companies added 190,000 workers to U.S. payrolls in November, indicating the job market remained healthy following months of hurricane-related distortions, according to data released Wednesday from the ADP Research Institute.

Global
U.S. President Donald Trump’s decision to formally recognize Jerusalem as Israel’s capital is unnerving investors worldwide, spurring stocks in Japan and the U.S. to fall amid a flight to less risky assets.

The information represented herein was obtained from various sources, which we believe to be reliable. Neither the information presented nor opinions expressed constitutes an offer to buy or sell any security. And it is not intended to guide the investor on which securities to buy, or when to buy or sell.

Today, Tomorrow, Together