Weekend Update 7/11/2021

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


Markets remain upbeat despite uncertainty 😎


🤷‍♂️  What market uncertainty? Investors largely shook off #InflationFears and #COVID19 resurgence sending S&P 500 for another green week. Growth rotation continues to lead market up.

🧐  Banks slide on falling yields. 10-year treasury yields slipped -10% through Thursday before rebounding +5% Friday. Bond investors likely buying up treasuries as macro uncertainty rising. Banks 🏦 dip along with rates.

🦠  Domestic cases rising again. While enjoying declining cases for months, 🇺🇸 #COVID19 cases rising again driven by outbreaks in low vaccinated regions. Globally, resurgence continues with Tokyo banning spectators from Olympics.


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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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