Last week…..
produced the least explicable Weekly Funds Report we have seen in 2 years! And that’s not a bad thing, we’re just usually good at picking out patterns, etc.
In the US:
- Large Growth was down over 2.5%
- Tech was down the most at over 2.76,
- Large Value was down a bit more than 0.5%.
Then we have Mid Growth up ALMOST 1%, Mid Value up over 0.5%. Small Growth was up the most over 1% with Small Value not far behind. I guess if you want to point out a trend last week, it could be that Small and Mid companies outperformed Large companies in the US.
US REITS were down again, which isn’t surprising. With interest rates rising, we would expect the housing market to start slowing down.
Commodities are still on the rise as are prices at the pumps! Commodities has our highest YTD return at over 10%, making it 1 of 3 assets classes with a positive YTD return.
Foreign Equities were all up last week. Foreign Value was up the most nearly 2.5% and is the 2nd asset class showcasing a positive YTD return at 5.4%
Finally, our third positive YTD return is held by Emerging Markets which tipped from red to black last week gaining over 1.5%.
And Bonds continue to look Bleak!
Have a great weekend!
All performance reported in the graph and performance references 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