Last week, Bonds and Foreign Stocks increased, and U.S. Stocks decreased. During the last 12 months, STOCKS outperformed BONDS. LAST WEEK -Here is a look the cause of the volatility created this week by hedge funds, institutions, and those we call “traders”. Returns through 8-9-2013 1-week Y-T-D 1-Year 3-Years 5-Years 10-Years Bonds- BarCap Aggregate Index .1 -2.2 -1.3 3.2 5.2 4.8 US Stocks-Standard & Poor’s 500 -1.0 20.1 23.3 17.0 7.8 7.8 Foreign Stocks- MS EAFE Developed Countries .3 10.2 19.7 5.0 -.9 5.4
Source: Morningstar Workstation. Past performance is no guarantee of future results. Indices are unmanaged and cannot be invested into directly. Three, five and ten year returns are annualized excluding dividends.