INSIGHTS

Vestor Capital Quarterly Commentary

Equity indexes posted strong returns in 2023. Leading the way were U.S. large technology stocks that posted extraordinary gains as evidenced by the NASDAQ Composite and S&P 500’s returns of 44% and 26% respectively. U.S. small‐cap stocks posted robust gains in the fourth quarter, as long‐term interest rates declined, pushing stocks up 15% for the year. The MSCI EAFE large‐cap developed international index posted a solid gain of 18% despite a lower weighting to technology stocks vs. the U.S. Emerging market stocks lagged, with returns of only 10%, due largely to weakness in Chinese equities, caused by investor concerns over increasing government control of business and slowing growth.

Continue Reading: Vestor Capital Quarterly Commentary

Scroll to Top