U.S. Stocks Continue To Lead Markets By Wide Margin In 2024
- American shares remain the odds-on favorite to dominate 2024 performance for the major asset classes.
- Vanguard Total US Stock Market ETF is up more than 26% year to date.
- Several varieties of foreign bonds are this year’s losers, led by inflation-indexed government securities ex-US via WIP, which has shed 6.8% in 2024.
- Markets may take comfort in the Trump’s pick for Treasury Secretary, reasons Kit Juckes, chief FX strategist at Societe Generale.
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As the final weeks of the trading year come into focus, American shares remain the odds-on favorite to dominate 2024 performance for the major asset classes.
Using a set of ETF proxies through Friday’s close (Nov. 22) highlights a wide gap
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