Rally in the Remainder
Whereas the first half of the year’s market performance was narrowly dominated by the S&P 500, since the end of the second quarter, a broader-based performance has taken hold with smaller stocks outperforming the S&P 500 so far.
This is why we maintain a diversified portfolio and don’t want to chase historical performance; we continue to maintain our disciplined process of risk management.
Rally in the Remainder
Source: Bloomberg, Redwood. Data as of 10/7/2024. Date Range from 1/1/2024 – 10/7/2024
Regards,
Allgood Financial
Disclosure: This piece is for informational purposes only and contains opinions of Redwood that should not be construed as facts. Information provided herein from third parties is obtained from sources believed to be reliable, but no representation or warranty is made as to its accuracy or completeness. Charts and graphs are for illustrative purposes only. Discussion of any specific strategy is not intended as a guarantee of profit or loss. Past performance is not a guarantee of future results. The objectives mentioned are not guaranteed to be achieved. Investors cannot invest directly in any of the indices mentioned above. Diversification of asset class is not a guarantee against loss.
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