2024-07-02 07:05:00 ET
Summary
- As H2 2024 gets underway, the market remains in bull mode, with offensive sectors and assets outperforming defensive ones.
- Year-to-date, the United States Oil Fund (USO) actually delivered the best performance of the ETFs tracked: +19.4%.
- Riskier bonds outperformed credit risk-free government debt, with the SPDR Bloomberg High Yield Bond ETF (JNK) closing out H1 with a 2.3% gain, while the iShares 20+ Year Treasury Bond ETF (TLT) lost 5.6%.
By Mike Larson
It’s official: The first half of 2024 is over... and the second half is getting underway. That makes now a great time to look back at which assets are winning the performance race, which are bringing up the rear, and which are stuck somewhere in between....
Read the full article on Seeking Alpha
For further details see:
Chart Of The Week: The Performance Race