Third quarter asset class returns are in and overall most assets had a positive quarter.
As always there were winners like the Brazil equity index up 18.1%, orange juice up 14.2% (whisper on the street is Randolph & Mortimer Duke were big buyers) and the S&P 500 information technology sector up 8.3%, as well as losers like wheat and lean hogs down 12.3% and 28.4% respectively.
However, the winners outnumbered the losers, and the winners as a group were up significantly more than the losers were. Given almost everything went up in the quarter, it is likely you will be happy when you receive your September investment statements.
If you haven’t recently reviewed your financial plan you should contact your CERTIFIED FINANCIAL PLANNER™ Practitioner.