This month, Jason Weaver gives a market update on stocks, bonds and commodities.
STOCKS
The S&P 500 is down -19.92% in 2022 (as of 6/15)
The Energy & Utility sectors have been the best performers YTD
Technology, Communication, and Discretionary have been the worst performers
Equity investors continue to monitor inflation, interest rates, and Russia/Ukraine
BONDS
The aggregate bond index (AGG) is down -11.59% in 2022 (as of 6/15)
The Fed has already raised the fed funds rate +1.5% since March
Corporate bond yields have risen with Fed hikes & market volatility
COMMODITIES
Commodities (DBC ETF) have been the best performing asset class in 2022: +42.35% (as of 6/15)
Energy, Metals, & Agriculture make up the broad basket
Price have spiked this year due to strong demand and the war in Ukraine