The last full trading week of November ended in mixed results. The gains in the S&P 500 and Nasdaq were found in just a few underlying sectors with Consumer Discretionary and Information Technology being the largest winners. There was a nearly 5% decline in oil prices last week as well. This was due mainly to a surprise in the estimate of inventories as well as President Biden and the Chinese leader saying they were going to release some of the oil reserve inventories. In other political news, President Biden signed the $1.2 Trillion Infrastructure Act and the House passed the “Build Back Better” Act coming in at $1.75 Trillion. However, the Congressional Budget Office reported the “Build Back Better” Act would add an additional $160 billion to the deficit with a $750 billion gap in the first 5 years. In economic news, the most interesting headline was the Michigan Consumer Sentiment Index reporting its lowest reading in decades as it fell to 66.8 in November. This index is a monthly survey that gathers information on American consumer expectations regarding the overall economy. We hope everyone has a safe and enjoyable Thanksgiving Holiday. We all have things to be thankful for and from Leap Wealth, we are thankful for the trust our clients have placed in us.