“What the market giveth, the market will taketh away” – that’s the theme this week.
Nearly all asset classes both equity and fixed income were down. U.S. Large Growth and Technology were the only two up from the previous week.
And the Growth-Value teeter totter reversed placed once again switched. U.S. value companies have been doing amazing this year, outperforming Growth across the board. It came as no surprise that Value took the biggest hit this previous week losing from nearly 5% (large value) to over 8%(small value). The biggest weekly loss came from Small Value, which again, is the one class that has performed best YTD.
But don’t worry, everything is still up significantly YTD with all but Mid Growth and Small Growth companies showing double digit returns.
Taking a look at REITS, Commodities, Foreign Equities and Emerging Markets tells the same tale as the U.S.
Yet again, bonds blundered.
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