VNQI - Losses Prevail For Major Asset Classes In January

2024-01-29 12:20:00 ET

Summary

• Red ink dominates 2024’s opening month for most of the major asset classes.
• The upside exceptions for the performance profile so far, US stocks, commodities and junk bonds.
• Otherwise, year-to-date losses prevail, based on a set of ETFs through Jan. 26's close.
• The jump in commodities prices in January aligns with some forecasts that see this slice of the major asset classes rebounding after last year’s decline.

Red ink dominates 2024’s opening month for most of the major asset classes. The upside exceptions for the performance profile so far: US stocks, commodities and junk bonds. Otherwise, year-to-date losses prevail, based on a set of ETFs through Friday’s close (Jan. 26)....

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