2024 Q2 Review and Outlook – A Market of (One) Stock

Markets continued to rise in the second quarter as stocks (as measured by the S&P 500 SPDR ETF – SPY) gained 4.4%. The U.S. bond market (as measured by the US Aggregate Bond ETF – AGG) was flat, and a 60% stock/40% bond portfolio recorded a 2.6% total return. Year to date, stocks returned 15.2%,…