Small Cap Value, the leader at +3.86%, is still in the negative YTD
Small Cap Growth, on the other hand, is finally a positive 2% YTD
Large Cap Value rose the least
Technology and Healthcare also had modest gains, resting after so much growth lately
On the other side of things, REITS began to heal a bit
US REITS came up 4.71%
Foreign RETIS rose 1.53%
Bonds… are back to bobbing along..
TIPS were up a measly 0.18% but are up 9.14% YTD
So why the huge turn this time? One report shows the Consumer Confidence Index is now up higher than since the pandemic began. Fewer people worry that businesses will deteriorate more. Consumer spending is also up 1%, which may not seem like much, but is better than what was expected and represents two-thirds of US economic activity!
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.
