The Telemus Capital Podcast

It was mostly a down week for the market last week. The Nasdaq Composite fell 1.6%, the Russell 2000 fell 1.0%, and the S&P 500 fell 0.7%. Only the Dow Jones Industrial Average ended the week slightly higher, up 0.1%. It was a good week for the financial and energy stocks, as growth/inflation expectations increased, but it wasn't so great for the growth stocks that were being supported by really low interest rates. Interest rates were still low from a historical perspective, but the quick ascent in the longer end of the yield curve raised investor valuation concerns. To view the full text visit www.telemus.com To view important disclosures please visit https://telemus.com/disclosures/