US stocks continued to rebound in 2019, generating the strongest performance for the major asset classes in February. Foreign stocks, high-yield bonds and US real estate investment trusts (REITs) also rose while investment-grade bonds in the US and abroad slumped.
Equities in the US were the clear winner last month. The Russell 3000 Index increased 3.5%, marking the second straight monthly advance in 2019. Year to date, US equities are ahead by a sizzling 12.4%.
Last month's biggest loser for the major asset classes: foreign government bonds in developed markets. The FTSE Russell World Government