Q4 and 2024 Market Review
Stock markets around the world were mixed in Q4 as US stocks continued their upward trajectory. The US stock market returned 2.63% despite a bit of a pullback, while international and emerging market stocks had more significant pullbacks having negative returns of -7.43% and -8.01% respectively. Bonds in the US were down -3.06% as yields rose and global bonds were up 0.74%.
2024 was a good year for investors and particularly the US stock market. The stock market in the US returned 23.81%, while international stocks returned 4.7% and emerging markets returned 7.5%. The bond market in the US squeezed out modest gains of 1.25% while global bonds returned 4.97%. It was nice to experience back-to-back years of positive returns across all markets.
For a detailed market overview covering Q4 and all of 2024, click here.