Week Of: September 9, 2013

klaasfinancial.com

• Stocks had their best week of performance in two months with news of a possible diplomatic solution in Syria and improved economic data out of China with treasury prices moving higher for the week.

• The single largest corporate bond deal in history was made by Verizon this week when it sold a record $49 billion in bonds.

• The higher beta small-cap stocks outperformed large-cap stocks while large-cap growth stocks outperformed large-cap value stocks.

• For the week, all sectors had positive gains with telecom and industrials as the best performing sectors and utilities and info tech as the worst performing sectors.

• For the 36th consecutive week of inflows, US based equity mutual funds took in $3.7 billion.

• Oil futures for October delivery fell $2.32, down 2.10%, to $108.21 a barrel.

• For the week ending 9/13/13, the S&P 500 gained 1.98% closing at 1687.99. The MSCI EAFE Index gained 2.43% closing at 1786.5 and the MSCI EM Index rose 3.26% to end the week at 986.84.