SPY Vs. EEM Vs. Gold Vs. Bitcoin: If You Had Invested $1,000 In Each Of These Asset Classes At End Of 2023, Here's How Much You'd Have Now
Portfolio Pulse from Shanthi Rexaline
The article compares the performance of various asset classes in the first half of 2024, including US equities (SPY), emerging markets (EEM), gold, and Bitcoin. US equities gained 14.5%, emerging markets gained 6.67%, gold futures increased by 12.7%, and Bitcoin surged by 48.3%. The article highlights the factors influencing these performances, such as inflation trends, central bank policies, and the impact of AI technology.
July 01, 2024 | 8:52 am
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POSITIVE IMPACT
iShares MSCI Emerging Markets ETF (EEM) gained 6.67% in the first half of 2024, with mixed performances across different emerging markets.
EEM's performance was influenced by varying economic conditions in different emerging markets, with some markets like India performing well while others like Brazil lagged.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 100
POSITIVE IMPACT
SPDR S&P 500 ETF Trust (SPY) gained 14.5% in the first half of 2024, driven by resilient economic performance, cooling inflation, and optimism around AI technology.
SPY's performance was bolstered by strong economic fundamentals, cooling inflation, and positive sentiment around AI technology, making it a strong performer in the first half of 2024.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100