Friday, July 1, 2022

Investments in the first half of 2022 - blah !

 FULL  ARTICLE  HERE:

Every S&P 500 Sector Fell in First Half, Except Energy. But in June Even Energy Let Go. Bonds Got Crushed. I’m Not Even Going to Mention Cryptos & DeFi | Wolf Street

Here are the performances for the first half of 2022 and or June of the major indices and of the major S&P 500 sectors:

Major Stock IndicesJuneYTD
S&P 500-9.4%-20.6%
Dow Jones Industrial Average-7.4%-15.3%
Nasdaq Composite-10.5%-29.5%
Russell 2000-10.0%-23.9%
S&P 500 SectorsJuneYTD
Energy-16.8%31.8%
Utilities-5.0%-0.6%
Consumer Staples-2.5%-5.6%
Health Care-2.7%-8.3%
Industrials-7.4%-16.8%
Materials-13.8%-17.9%
Financials-10.9%-18.7%
Real Estate-6.9%-20.0%
Information Technology-9.3%-26.9%
Communication Services-7.7%-30.2%
Consumer Discretionary-10.8%-32.8%

Bonds got crushed across the board.

Investment-grade bonds, as tracked by the iShares Core US Aggregate Bond ETF [AGG] fell 10.3% in the first half.

The bond fund that tracks Treasury maturities of 20 years or longer, the iShares 20 Plus Year Treasury Bond ETF [TLT] fell 20.4% in the first half.

Junk bonds, as tracked by iShares iBoxx High Yield Corporate Bond ETF [HYG], fell 15.4% in the first half.

There is a whole gaggle of crypto-related stocks that are down over 80% and 90%. 

For example:

  • Coinbase [COIN]: -89% from the peak in April 2021; -81% in the first half.
  • MicroStrategy [MSTR]: -88% from the high in February 2021; -71% in the first half.
  • Hut & Mining [HUT]: -92% from the peak in November 2021; -83% in the first half.
  • Riot Blockchain [RIOT]: -92% from the peak in February 2021; -81% in the first half.
  • Marathon Digital [MARA]: -94% from November; -84% in the first half.

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