SPY - Asset Class Scoreboard: January 2024

2024-02-18 23:25:00 ET

Summary

• Commodity prices rose to start the new year, with the GSG index gaining a solid +4.39%, supported by tight supply conditions and manufacturing activity.
• U.S. equities exhibited relative resilience, with the S&P climbing +1.59% after 2023 saw mild gains.
• Real estate continued adjustments to monetary shifts, with the IYR real estate index declining -5.10%.

Commodity prices rose to start the new year, with the GSG index gaining a solid +4.39%, supported by tight supply conditions and manufacturing activity. Elsewhere, most assets pulled back as investors adapted to a higher rate of uncertainty globally....

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