Common Cents

by | Sep 17, 2021 | WWC WorthWhile Reading

Last week…

…everything was down except a couple bonds.


These numbers don’t really surprise us. Historically, with the end of summer/beginning of fall the market tends to slow down a bit. August and September are known to be the lowest performing months.


US Equities lost 2-3% across the board. Large companies lost less than mid companies which lost less than small companies.  As we mentioned in previous weeks, it is becoming more apparent that small, mid and large companies are evening out with their YTD returns. So, are small companies slowing down or large companies growing more? It’s a little bit of both.


Last week we praised US REITS for their big gain, crossing the 30% YTD return threshold. Now they are the biggest loser, slipping over 5%. REITS also gave up their lead to Tech by .2%.


Foreign Equities were down as well but not nearly as much as the US.


Now for the only positive gains from the previous week: US High Yield and TIPS.  High Yield was up 0.12% and TIPS up 0.5%. These two bonds are also our YTD leader with both close to 5% returns.


We often try to speculate what might be driving the market’s performance. There’s no really bad news out there right now, right? Just no good news.  But is no good news bad?  You can run yourself in circles speculating.  Overall, we are here as long-term investors and know that if you stay committed to your investment strategy, history proves what can be done!


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