The View from 5th Avenue

The View from 5th Avenue – 6 November 2023

It’s official- just another manic Monday… and the 6th consecutive day of gains for US equities, if only on a technicality. We can now declare that the S&P has been up six days in a row only seven total times over the course of the last 2 years. Despite an ultimate close in the green for the major US indices, today served as more of a respite from the ascension of late in mostly listless trading. Yields resumed their advance from the get and ate into equity gains for the afternoon but were ul…

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