Daily Market Commentary

December 6, 2021

Bonds & Stocks
U.S. equities pared back a rebound from Friday’s selloff as investors took comfort in reports that cases of the omicron variant have been relatively mild.

Economy
U.S. natural gas extended a dramatic collapse, slumping to the lowest level in more than three months, as forecasts for warmer weather across the country tempered demand for the heating fuel going into winter

World
Initial data from South Africa, the epicenter of the outbreak of the omicron variant, don’t show a resulting surge of hospitalizations. “Thus far, it doesn’t look like there’s a great degree of severity to it,” Anthony Fauci, U.S. President Joe Biden’s chief medical adviser, said on Sunday, while cautioning it’s too early to be certain.

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.

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