Financial results for the week ending September 18, 2020

For the week ending
September 18, 2020:

S&P500
down 0.6%
   (up 2.7% y-t-d)

Dow Industrials
little changed
   (down 3.1%)

Dow Transports
gained 1.3%
    (up 4.9%)

Dow Utilities
declined 0.8%
    (down 8.5%)

 S&P 400 Midcaps
increased 0.6%
   (down 9.6%)

Small cap Russell 2000
jumped 2.6%
    (down 7.9%)

Nasdaq100
fell 1.4%
    (up 25.2%)

Biotechs surged 4.2%
     (up 5.9%).

With gold bullion gaining $10,
the HUI gold stock index
added 0.4%
 (up 41.7% y-t-d).


US  Ten-year Treasury
bond yields
gained three bps to 0.70%
   (down 122bps year over year)


U.K.'s FTSE declined 0.4%
    (down 20.4%)

Japan's Nikkei slipped 0.2%
   (down 1.3% y-t-d)
 
France's CAC40 fell 1.1%
   (down 16.7%)

German DAX declined 0.7%
   (down 1.0%).

Spain's IBEX 35 slipped 0.2%
    (down 27.4%).

Italy's FTSE MIB index fell 1.5%
   (down 16.9%)

Brazil's Bovespa little changed
   (down 15.0%)

Mexico's Bolsa declined 0.9%
    (down 17.3%).

South Korea's Kospi increased 0.7%
   (up 9.8%).

India's Sensex unchanged
   (down 5.8%).

China's Shanghai rallied 2.4%
   (up 9.4%).

Russia's MICEX jumped 1.4%
    (down 3.1%).



US MORTGAGES:
Freddie Mac 30-year fixed
mortgage rates added
a basis point to 2.87%
   (down 86bps y-o-y).

Fifteen-year rates
declined two bps
to a record low
2.35%
   (down 86bps).

Five-year hybrid ARM rates
sank 15 bps to 2.96%
    (down 53bps).

Jumbo mortgage
30-year fixed rates
down seven bps to 3.04%
   (down 112bps).


Federal Reserve Credit
over the past year
expanded 86%.

M2 (narrow) "money" supply
surged 24%, over the past year.


COMMODITIES
 Bloomberg Commodities Index
gained 2.0%
   (down 9.8% y-t-d).

Spot Gold added 0.5% to $1,951
   (up 28.5%).

 Silver gained 1.0% to $27.129
   (up 51.4%).

WTI crude surged $3.78 to $41.11
   (down 33%).

 Gasoline jumped 12.9%
   (down 27%),

 Natural Gas sank 9.7%
    (down 6.4%).

Copper rose 2.5%
    (up 11.4%).

 Wheat jumped 6.1%
   (up 3%).

 Corn gained 2.7%
    (down 2%).