The market ended the week on an up note, and month-to-date the S&P 500 SPY ETF is already up 1.75%. Thank goodness September is over!
Below is a snapshot of our key ETF matrix highlighting the recent performance of various asset classes. It’s nice to see some green for a change, isn’t it? Check out Brazil (EWZ), China (FXI), Emerging Markets (EEM), Energy (XLE) and Materials (XLB). Investors had forgotten what it was like for these ETFs to trade higher. All of them have seen big bounces to start the month.
The question now is — can it continue? Sign up for a 10-day free trial to one of our subscription services for our thoughts. Our popular Bespoke Report newsletter has just been posted in our members only section.