Q2 Markets Data Report - Prospero Wealth

As per usual, there's a lot that happened in global markets for Q2 that wasn't on my bingo card. On the positive side, we've seen more historically "normal" behavior out of Fixed Income markets. On the weird side, Large Growth stocks— especially the so-called FAANG stocks—continue to surge, driving benchmarks like the S&P 500 further to the "head-weighted" category.

Someday we will see Small Cap, especially Small Cap Value, surge back to a historical norm, but for now it looks like most people are counting on the "big getting bigger" and being beneficiaries of their respective network effects.

I hope to publish a broader Q2 newsletter in the coming weeks. I hope you're all getting outside and catching views like the one on this post!

As per usual, there's a lot that happened in global markets for Q2 that wasn't on my bingo card. On the positive side, we've seen more historically "normal" behavior out of Fixed Income markets. On the weird side, Large Growth stocks— especially the so-called FAANG stocks—continue to surge, driving benchmarks like the S&P 500 further to the "head-weighted" category.

Someday we will see Small Cap, especially Small Cap Value, surge back to a historical norm, but for now it looks like most people are counting on the "big getting bigger" and being beneficiaries of their respective network effects.

I hope to publish a broader Q2 newsletter in the coming weeks. I hope you're all getting outside and catching views like the one on this post!

As per usual, there's a lot that happened in global markets for Q2 that wasn't on my bingo card. On the positive side, we've seen more historically "normal" behavior out of Fixed Income markets. On the weird side, Large Growth stocks— especially the so-called FAANG stocks—continue to surge, driving benchmarks like the S&P 500 further to the "head-weighted" category.

Someday we will see Small Cap, especially Small Cap Value, surge back to a historical norm, but for now it looks like most people are counting on the "big getting bigger" and being beneficiaries of their respective network effects.

I hope to publish a broader Q2 newsletter in the coming weeks. I hope you're all getting outside and catching views like the one on this post!