Friday , September 21 2018
Home / The Capital Spectator / US Stocks And REITs Top Last Week’s Winner’s List

US Stocks And REITs Top Last Week’s Winner’s List

Summary:
Equities and real estate investment trusts (REITs) led most markets higher last week. Rebounding after a weak start to this month’s trading, nearly all the major asset classes posted gains in the first full week of March, based on a set of exchange-traded products. US stocks took the lead over the five trading days through Mar. 9. Vanguard Total Stock Market (VTI) was up a strong 3.7% last week, lifting the ETF to its highest close since Feb. 1. A big chunk of last week’s rise unfolded in the wake of Friday morning’s surprisingly strong numbers for US payrolls in February. US REITs had a good run, too, posting the second-best performance for the major asset classes last week. Vanguard Real Estate (VNQ) gained 3.0%, offering a sign that securitized real estate may be stabilizing after

Topics:
James Picerno considers the following as important: , , , , ,

This could be interesting, too:

Gregor Samsa writes The Gathering Storm In The Treasury Market

Gregor Samsa writes Who Is Funding The U.S. Budget Deficit?

Gregor Samsa writes The Feast Of Big Tech

James Picerno writes A Tale Of Two Consumer Sector Returns: Discretionary vs. Staples

Equities and real estate investment trusts (REITs) led most markets higher last week. Rebounding after a weak start to this month’s trading, nearly all the major asset classes posted gains in the first full week of March, based on a set of exchange-traded products.

US stocks took the lead over the five trading days through Mar. 9. Vanguard Total Stock Market (VTI) was up a strong 3.7% last week, lifting the ETF to its highest close since Feb. 1. A big chunk of last week’s rise unfolded in the wake of Friday morning’s surprisingly strong numbers for US payrolls in February.

US REITs had a good run, too, posting the second-best performance for the major asset classes last week. Vanguard Real Estate (VNQ) gained 3.0%, offering a sign that securitized real estate may be stabilizing after falling for most of this year so far.

Broadly defined commodities fell to the bottom of last week’s performance list. The iPath Bloomberg Commodity (DJP) dipped 0.4%.

US Stocks And REITs Top Last Week’s Winner’s List

For the one-year trend, stocks in emerging markets still hold the top spot. Vanguard FTSE Emerging Markets (VWO) is up 29.5% on a total return basis for the year through Mar. 9. That’s a healthy premium over the second-best performance for the major asset classes in the one-year column: foreign real estate/REITs via Vanguard Global ex-US Real Estate (VNQI), which is up 22.0%.

Meanwhile, there’s only one case of red ink for the one-year change: US REITs. Despite last week’s rally, Vanguard Total Stock Market (VTI) has lost 2.2% over the past year.

US Stocks And REITs Top Last Week’s Winner’s List


When will the next recession strike? Monitor the outlook with a subscription to:
The US Business Cycle Risk Report


James Picerno
James Picerno is a financial journalist who has been writing about finance and investment theory for more than twenty years. He writes for trade magazines read by financial professionals and financial advisers. Over the years, he’s written for the Wall Street Journal, Barron’s, Bloomberg Markets, Mutual Funds, Modern Maturity, Investment Advisor, Reuters, and his popular finance blog, The CapitalSpectator.

Leave a Reply

Your email address will not be published. Required fields are marked *