July 11, 2024 •HoganTaylor Wealth
In the last quarter, US stocks rose by 3.22%, contrasting with a slight decline of -0.6% in international developed markets. Within the US, value stocks lagged behind growth stocks, and small-cap stocks underperformed large caps. Emerging market stocks outperformed both sectors by gaining 5%; emerging market capitalization has swelled to $8.9 trillion, representing 11% of the global market.
In the bond market, US bonds saw a modest increase of 0.07%, while global bonds increased 0.11%. Even though the US Treasury yield curve remains inverted, long-term yields increased at a higher rate than short-term yields: 1 month yields were down -0.02%, 1 year up 0.06%, 5 years up 0.12%, and 30 years up 0.17%.
Real estate was down -1.48% as US home prices hit a record high. US REITS fell -0.16% and Global REITS ex US dropped -4.39%.
Please reach out to a HoganTaylor Wealth advisor if you’d like to discuss any further
HoganTaylor Wealth
HoganTaylor Wealth provides an integrated approach to investment and financial planning and is a registered investment advisor and subsidiary of HoganTaylor LLP. HoganTaylor Wealth takes pride in serving clients as an independent fiduciary through holistic financial planning. Learn more at hogantaylor.com/wealth.
INFORMATIONAL PURPOSE ONLY. This content is for informational purposes only. This content does not constitute professional advice and should not be relied upon by you or any third party, including to operate or promote your business, secure financing or capital in any form, obtain any regulatory or governmental approvals, or otherwise be used in connection with procuring services or other benefits from any entity. Before making any decision or taking any action, you should consult with professional advisors.
Get Updates
