…As suspected the “shift of momentum” last week from value to growth was a pause and a brief one at that as value once again trounced growth in the U.S.
Large Value +1% vs. Large Growth +.15%
Mid Value +1% vs. Mid Growth -.4%
Small Value +1.43% vs. Small Growth +.27%
U.S REITS were up over 3%, with YTD return of 21.38%. Global REITS were also up from the previous week 1.2% with YTD returns of 11.3%.
And wow, we haven’t mentioned Commodities in a while, but they were up 2.4% and have a year to date return of 21.3%. We were excited to see Commodities hit double digits, but now look at them go!
Foreign equities behaved much the same as U.S. with value besting growth.
And boring bonds remain beleaguered but not bombed!
Have a great weekend!
All performance reported in this video are from the following index list: 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. This material has been prepared solely for informational purposes based upon data generally available to the public from sources believed to be reliable. All performance reporting is for indexes, not specific securities. Performance of specific securities will vary from indexes. Past performance is not an assurance of future results. Indexes cited are provided to illustrate market trends for certain asset classes. It is not possible to invest directly in an index. Indexes do not reflect individual investor costs of trading, expense ratios & advisory or other fees.
