Week Thoughts: A Cease Dividend
Market rallies on Ceasefire, Midstream Lags
The stock market eagerly bought into the cease fire announcement this week, which meant oil prices dropped 13% this week and the market bounced 3.6%. The bond market didn’t react as much, with interest rates basically flat despite all the volatility in stocks and commodity prices. Midstream did not work with this optimistic market backdrop, which is not a surprise.
