‘Magnificent 7’ remain ‘under water’ since end of 2021 while Nasdaq still down despite huge 2023 rally

Following the strong year in 2023, the S&P 500 is now +3% in two years, but the Nasdaq is still -2% since the end of 2021

As for the fixed-income market’s recovery, investment-grade corporate bonds gained 8% in 2023 “but are still down 8% in two years,” the BofA strategists said.

And although long-term Treasurys “eked out” gains in 2023, they remained “the worst-performing asset class in two years,” the strategists wrote, pointing to a 26% loss.

MarketWatch 3 January 2024

https://www.marketwatch.com/story/these-magnificent-7-stocks-remain-under-water-since-end-of-2021-while-nasdaq-still-down-despite-huge-2023-rally-45df7c17

 

S&P 500 

Englund: Skriande uppenbart (englundmacro.blogspot.com)