Generating solid returns with a globally diversified portfolio strategy has been a breeze this year. Short of making extreme bets in the handful of losers among the major asset classes, the tailwind of beta has otherwise been
2024 Shaping Up As A Bumper Year For Most Asset Classes
Summary
- Using a set of ETF proxies, nearly all slices of global markets are posting gains year to date through Friday’s close.
- VTI is set to post its second 20%-plus calendar year advance in a row.
- In addition to overweighting US stocks, winning portfolios in 2024 are likely to have robust holdings of foreign stocks and commodities.
James Picerno is a financial journalist who has been writing about finance and investment theory for more than twenty years. He writes for trade magazines read by financial professionals and financial advisers. Over the years, he’s written for the Wall Street Journal, Barron’s, Bloomberg Markets, Mutual Funds, Modern Maturity, Investment Advisor, Reuters, and his popular finance blog, The CapitalSpectator.
Visit: The Capital Spectator (www.capitalspectator.com)