Global Rally Stalls, Pulling More Markets Into Red For 2023
Most of the world’s markets are still posting sizable gains year to date, but the recent selling has claimed another victim for the loss column. As of Friday’s close, three of the 14 slices of the major asset classes are now underwater this year, based on ETF proxies through through Friday, Aug. 11.?Two weeks ago,?all the?major asset classes?were enjoying gains in 2023.