While the U.S. landscape is littered with government policy uncertainties, including over trade talks with China and the EU, as well as relationship troubles with North Korea, the Federal Reserve’s patient stance on monetary policy changes has generally helped resuscitate risk appetite.
The S&P 500 was up about 0.25% on the day Friday and more than 11.3% year-to-date, while the yield on the current 10-year U.S. Treasury note had reached a new high of 2.741%.
Against this backdrop, investors in the week ahead will be eyeing some salient economic updates, including December’s new home sales