As we’re testing a few ways to keep you (our clients) informed it would be appreciated if you let us know if you find some posts particularly useful, or, if the info seems useful but the format is confusing, let us know if you have something else in mind.
Below is a list of indices and benchmarks shown to summarize how the various public stock and bond markets have done for the week, YTD (year-to-date), and for the past year. This is a weekly email from Payden & Rygel.
As seen in the table, some stocks have positive returns YTD, but small US companies (Russell 2000), technology (NASDAQ), and Europe (DJ Stoxx Europe 600) are still negative. All of the major indices are negative over the past 12 months. We consider market conditions over the past year to be normal fluctuations as supply and demand drive the prices and quantities for goods and services. China states that its target growth rate is 6.5%. The US economy continues to bounce along with approximate future growth expected to be around 2%. It’s not the go-go 90's, but it’s better than a stick in the eye.
If you have trouble reading the document you can use the magnifying glass at the bottom of the document or click here to open it full screen)
Have a great weekend! Welcome springtime!
Occasionally we like to post articles that give you some insight into how we form our opinions or stay informed.