Weekend Update 6/13/2021

Weekend Update recaps market highlights and major news from Ursa’s portfolio. Not on Ursa yet? Download Ursa from the App Store!


Investors shrug off #InflationFears


🤷‍♂️ Inflation hits 5% in May. Beating last month’s 13-year high of 4.2%, 12-month Consumer Price Index (CPI) growth came in at 5% for May. Surprisingly, investors mostly shrugged off any #InflationFears as 10-year treasury yields also fell -6% over the week.

🤠  Growth rotation. With a transient inflation mindset leading to falling yields, Growth names surged last week up over +1% while #Flight2Safety Value names fell -1%.

🏗. Infrastructure bill talks shift. #BuildBackBetter talks between White House and top Republicans broke down midweek. A group of bipartisan Senators resumed negotiations with a smaller package unveiled Thursday. Industrial sector down -2% last week.


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The statements, opinions and analyses presented here are provided as general information. This article is the opinion of the author. Anything within this article should NOT be considered an investment recommendation or advice. See Ursa’s full disclosures here.

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