Saturday , August 18 2018
Home / The Capital Spectator / US Stocks And Real Estate Were Last Week’s Top Performers

US Stocks And Real Estate Were Last Week’s Top Performers

Summary:
US equities posted the biggest gain among the major asset classes last week, based on a set of exchange-traded products. Foreign and US real estate shares grabbed second- and third-place finishes, respectively, for the five trading days through Friday, June 8. Vanguard Total Stock Market (VTI) rose 1.7% last week, leading the winner’s list. The advance marks the third straight weekly gain, lifting the ETF to its highest close since January 31. Real estate shares were also buoyant last week, with foreign securities in this space grabbing the second-strongest spot. Vanguard Global ex-US Real Estate (VNQI) gained 1.4%. In third place: US real estate investment trusts (REITs), which increased 1.2%, posting its third straight weekly gain. When will the next recession strike? Monitor the

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

This could be interesting, too:

James Picerno writes QuantStrat TradeR Blog Reviews The Capital Spectator’s R Book

James Picerno writes US Business Cycle Risk Report | 17 August 2018

James Picerno writes Macro Briefing: 17 August 2018

Blue Harbinger writes Stock Exchange: Caught Leaning Into A China Trade? Now What?

US equities posted the biggest gain among the major asset classes last week, based on a set of exchange-traded products. Foreign and US real estate shares grabbed second- and third-place finishes, respectively, for the five trading days through Friday, June 8.

Vanguard Total Stock Market (VTI) rose 1.7% last week, leading the winner’s list. The advance marks the third straight weekly gain, lifting the ETF to its highest close since January 31.

Real estate shares were also buoyant last week, with foreign securities in this space grabbing the second-strongest spot. Vanguard Global ex-US Real Estate (VNQI) gained 1.4%. In third place: US real estate investment trusts (REITs), which increased 1.2%, posting its third straight weekly gain.


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


Last week’s big loser: bonds in emerging markets. VanEck Vectors JP Morgan Emerging Markets Local Currency Bond (EMLC) edged down 0.5%, leaving the ETF near its lowest close in more than a year.

US Stocks And Real Estate Were Last Week’s Top Performers

For the one-year trend, US equities continue to lead for the major asset classes. VTI is currently up 16.9% on a total return basis for the trailing one-year window.

For second place, there’s a tie between broadly defined commodities and stocks in emerging markets. Despite recent weakness, Vanguard FTSE Emerging Markets (VWO) is posting a solid 12.0% total return for the past year, matching the year-over-year return for iPath Bloomberg Commodity (DJP).

Meantime, the biggest one-year loss can be found in emerging markets bonds. EMLC was in the red by 2.4% over the past 12 months.

US Stocks And Real Estate Were Last Week’s Top Performers

Ranking the major asset classes by drawdown, however, still leaves broadly defined commodities in the deepest hole. DJP’s peak-to-trough decline at the moment is in excess of 40%.

US Stocks And Real Estate Were Last Week’s Top Performers

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 *