Growth pulled the switch and outdid value for another turn this week. We also noted an interesting trend in US Equities. Large companies were up from the previous week while Mid and Small Companies were down as you can see in the graph. Small Caps were down the most, but they have the most to lose from showing off earlier this year.
The U.S. Equity market has displayed amazing returns YTD obscuring much of the volatility the chart has revealed week to week over the last month. The only asset class achieving steady week to week growth last month was Large Growth.
U.S. REITS were down slightly while Global REITS were up. Commodities were up over 3% and earned title of 2nd highest week over week increase – when was the last time we said that?? In fact, Commodities now boast over a 20% return YTD.
Foreign Equities have recently been tracking a similar pattern to US Equities. Last week, however, they moved opposite. Foreign Small Caps were the only asset class advancing.
Bonds, with exception of Foreign Bonds, were all up a bit. So far this year, US High Yields are up the most at 3.82% YTD return.
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
