Daily Market Commentary

May 27, 2020

Bonds
U.S. stocks rose for a third day as optimism mounts that the global economy is on the rebound from the pandemic hit. Treasuries slipped.

Economy
The Federal Reserve's next front in the battle to support the U.S. economy is to prevent millions of American small businesses from becoming the Achilles heel of the recovery.

Global
Credit risk eased globally after the European Union unveiled unprecedented stimulus to bolster the region, inviting a flurry of new bond sales on both sides of the pond.

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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