In the first 3 quarters, the S&P 500 recorded the biggest gain since 1997

Time for an asset class performance review for Q1-Q3 2024

Remember that all information provided here is for educational and entertaining purposes and is not investment advice. By investing in the financial markets I risk my own money. Past performance is no guarantee of future results.

Over the last three quarters, the S&P 500 rallied 20.8%, recording the best performance in 27 years. Since the October 2023 low, the index is up a whopping 40%.

Buying the market fund and forgetting is not always the best strategy, especially in bear markets but this is also the case during times of prosperity if one is willing to exploit an opportunity.

As you probably know, my portfolio switched into a more defensive mode in July. Thanks to this it has returned 28.0% year-to-date, beating the major stock market indexes.

Keeping this in mind, let’s review the performance of key asset classes as well as the US stock market sectors through the first three quarters of 2024.

THE S&P 500 IS NOT THE ONLY GAME IN TOWN