Market Commentary – August 2024
Capital markets in August certainly lived up to the moniker of the “crazy days of summer.” Despite U.S. large cap stocks declining 6.0% early in the month, the S&P 500 ended August up 2.4%. U.S. small cap stocks fared less well, as the Russell 2000 small cap index ended August down -1.5%. As proxied by the Bloomberg U.S. Aggregate...