Week Of: March 24, 2014

klaasfinancial.com

• U.S. equity markets declined modestly due to increasing tension in Eastern Europe and slowing economic growth concerns.

• The 10 year Treasury Yield increased .02 basis points to 2.72% after reversing most of the selloff that followed the March FOMC meeting.

• For February, new orders for durable goods increased 2.2% beating the estimated gain of 0.8% and personal income and personal spending both increased 0.3%.

• For the 12th consecutive week, US equity mutual funds saw inflows coming in at $1.7 billion.

• For the week, large cap stocks outperformed small-cap stocks while large-cap value outperformed large-cap growth.

• Energy and telecom services were the best performing sectors for the week, while consumer discretionary and financials were the worst performing sectors for the week.