Insights

Price Return Last Week S&P 500 (1.9%) S&P Mid Cap (1.3%) Russell 2000 (1.7%) MSCI EAFE (2.1%) MSCI EM (0.4%) 10 Yr US Treasury Rate – rose from 4.29% to 4.39% Source: Refinitiv Eikon Recent News Fed Meeting – Federal Reserve officials voted 11-1 to keep interest rates in a range between 3.50%-3.75%. Recent Trump appointee Stephen Miran was the lone dissenting vote, continuing to vote in favor of an interest rate cut. The yield on a 2

Price Return Last Week S&P 500 +0.1% S&P Mid Cap 0.0% Russell 2000 (0.8%) MSCI EAFE +0.2% MSCI EM (1.5%) 10 Yr US Treasury Rate – fell from 4.20% to 4.15% Source: Refinitiv Eikon Recent News Jobs Report – Nov: 64k (Reuters Poll est. 50k) Oct: -105k After a long delay due to the government shutdown, the Labor Department released jobs data for October and November on Tuesday. The reports showed that payrolls were down 105,000 jobs