Weekly Snippet

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September 6, 2019
Weekly Snippet

Last Week…

…was very big.  At least compared to what we have seen the preceding few weeks.

U.S. equities soared from 2.1% to over 3.5%.  Technology took the cake, up 3.7% over the previous week, and with a YTD return of 26.67 it is our highest returning asset class to date.  Not too far behind is U.S. Real Estate up 26.12% YTD – no surprises there, has anyone been paying attention to the housing market lately? It’s hot!

Commodities were up, but still has a negative 15 year trailing return.  We’ve never experienced this with an asset class before.

Foreign equities were mostly up, but not nearly as much as U.S. equities.  We often refer to the correlation between U.S. growth and value companies so this week we wanted to spotlight the difference on the foreign side – YTD returns of Growth is nearly 16.39% while Value is at 2.4%. Who could have predicted which would be performing better? Not many with consistent accuracy – that’s why you should own it all!

Foreign Bonds and Emerging Market Bonds were down slightly, but still strong YTD with over 6%. All U.S. bonds bubbled up.  High Yield Bonds are looking great YTD with 11% returns.  U.S. Intermediate Term Corporates and TIPS aren’t far behind, both over 9% YTD.

Have a great weekend!

Indexes are listed in respective order to their reference above: 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. These materials have been prepared solely for informational purposes based upon data generally available to the public from sources believed to be reliable. All performance references are to benchmark indexes. Performance of specific funds will vary from respective benchmarks. Past performance is not an assurance of future results. Each index cited is provided to illustrate market trends for various asset classes. It is not possible to invest directly in an index. Neither do Indexes reflect individual investor costs, e.g. trading, expense ratios & potential advisory fees.