MARKET RECAP
- S&P 500 -0.1% for the week
- Most of the advance this year is due to the largest 20 stocks in the S&P 500.
- The equity risk premium, currently 1.59%, is the lowest since October of 2007.
- CAPE is at 29, in the 90th percentile.
- OPEC announced a surprise cut in oil production; energy moved up in price.
- US bank lending fell in the last two weeks of March by the most on record.
SCOREBOARD