Not much has changed since last week. Plus, today is a holiday! Interest rates and inflation have remained relatively steady. Bonds barely moved lower in price. However, gold jumped up a little higher. Stocks continue to have more momentum than bonds.
The past week wasn’t great for stocks. In fact, most asset classes fell in value, except gold, US large caps and US small caps. Interest rates rose, and the yield curve looks a little healthier. Having said that, the economy
Looking across the asset classes (ETFs) that I review each week, just about everything is down compared to the prior week: bonds, gold, foreign stocks, US stocks, small caps, large caps. The one exception is real estate (XRE), which hasn’t