While the spread between commercial paper and 30-year Treasuries are below the yearly highs reached in June, spreads have narrowed, which should help to stimulate money market fund demand. Gabelli Asset Mgmt. 1.5 3.0 United Asset Mgmt. 1 Putnam Lovell Indices are market-capitalization weighted. Multiples Remain Steady in Front of Earnings Season Forward multiples remained relatively steady last week on mild price gains and a lack of earnings revisions.
Asset managers are still well below their historical levels.
In the coming week, only one company reports, U.S. Trust. This report does not constitute an offer to purchase or sell securities.