Common Cents

by | Sep 29, 2020 | WWC WorthWhile Reading

Last Week…

 

… was down amid a bounce back for Large Growth and Tech Stocks.

 

 

Many US Equities fell quite a bit

  • Small Cap Value fell just under -4%
  • Technology and Large Cap Growth, on the other hand, laughed at the other stocks picking up 3.2% and 1.92% respectively

 

Commodities tanked again, but Foreign stocks did even worse…

  • All were down around -4% with some down almost -4.5% YTD

 

Bonds moved away from bubbling and took a bit of dip with High Yield, Foreign and Emerging Markets all slumping the most

  • TIPS were only slightly down -0.14%
  • Both Short and Intermediate Term Treasurys were spared, rising slightly

 

What caused all this craziness? Well, the Federal Reserve announced they will be taking no action until inflation hits a certain rate. The stimulus bill continues to drift in limbo. And there appears to be growing concern over virus resurgence in Europe.

 

Have a great weekend!

 

Indexes are listed in respective order to their reference above: DJ Industrial Average TR USD, S&P 500 TR, DJ US TSM Large Cap Growth TR USD, NASDAQ 100, Technology NTTR TR USD, DJ US Health Care TR USD, DJ US TSM Large Cap Value TR USD, DJ US TSM Mid Cap Growth TR USD, DJ US TSM Mid Cap Value TR USD, DJ US TSM Small Cap Growth TR USD, DJ US TSM Small Cap Value TR USD, FTSE NAREIT All Equity REITs TR, DJ Gbl Ex US Select REIT TR USD, Bloomberg Commodity TR USD, MSCI EAFE NR USD, MSCI EAFE Growth NR USD, MSCI EAFE Value NR USD, MSCI EAFE Small Cap NR USD, MSCI EM NR USD, BBgBarc US Corporate High Yield TR USD, FTSE WGBI NonUSD USD, JPM EMBI Plus TR USD, BBgBarc US Govt 1-3 Yr TR USD, ICE BoafAML 1-3Y US Corp TR USD, BBgBarc Intermediate Treasury TR USD, BBgBarc Interm Corp TR, BBgBarc US Treasury US TIPS TR USD. These materials have been prepared solely for informational purposes based upon data generally available to the public from sources believed to be reliable. All performance references are to benchmark indexes. Performance of specific funds will vary from respective benchmarks. Past performance is not an assurance of future results. Each index cited is provided to illustrate market trends for various asset classes. It is not possible to invest directly in an index. Neither do Indexes reflect individual investor costs, e.g. trading, expense ratios & potential advisory fee.