Everything up, 2nd week in a row

Week ending Friday October 6th 2017 A strong week for markets with equities, USD, copper and bond yields all moving up. Markets are very much looking through any weather-related damage to the economy in 2017Q3. Markets Equity markets are still excited by the prospect of a juicy 2017Q3 earnings season starting next week, as most firms will feel the boost from the weak USD in the quarter versus the prior year and prior quarter. This tailwind will unwind eventually and mean little in the longer term – and could turn into a headwind if recent USD strength continues. Short-term bond…

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