SPY - Asset Class Scoreboard: February 2024

2024-03-12 13:35:00 ET

Summary

• Equity markets extended January gains in February, with new all-time highs in the US, as the S&P 500 rose by +5.22%.
• While Bonds renewed their march higher in rates, losing -1.36% as rates creeped higher on fears the eventual easing by the Fed may be pushed off a bit longer.
• Hedge funds delivered a lower vol stock-like return of +1.56%, while Real Estate recovered with a +2.13% gain from its significant dip last month.

Equity markets extended January gains in February, with new all-time highs in the US, as the S&P 500 rose by +5.22%. Internationally, developed markets progressed +3.03% on balance. While Bonds renewed their march higher in rates, losing -1.36% as rates creeped higher on fears the eventual easing by the Fed may be pushed off a bit longer....

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