4
7
8
3
5
1
2
6

Opus News & Insights

Divergent Paths: Large U.S. Stocks Stand Out as Other Asset Classes Struggle
Tuesday, February 17, 2015

Quick Look

  • Large U.S. stocks finished the final quarter of 2014 on a strong note, as the S&P 500 Index gained 4.9% including dividends to bring the total year return to 13.7%. Small domestic stocks found their footing in the 4th quarter as well, as the Russell 2000 Index surged 9.7% to get the index back into positive territory for the year at 4.9%.
  • Unfortunately, large cap stocks were the only asset class that really worked this year for investors, as any diversification away from U.S. large cap stocks in 2014 was a drag on portfolio returns. For the first time since the late 1990s, large cap U.S. stocks were the best performing core investor asset class.
  • The U.S. economy has grown more than 4% on average the past two quarters. 2014 saw the strongest year of jobs gains since 1999, and the swift decline in gas prices should prove to be a wonderful stimulus to consumer spending, which makes up 2/3 of the U.S. economy.
  • Things went from bad to worse for international equities, as the 3.6% fourth quarter decline for U.S. investors dropped the total annualized return to a 4.9% loss. Emerging markets were only slightly less painful, falling 4.9% for the quarter and 4.6% for the year. Slowing global growth, geo political tensions and a stronger dollar all contributed to the struggles international equities presented during the year.
  • The drop in long-term yields certainly provided an upside surprise to core bond investments, as the Aggregate Bond Index gained 6.0% for the year. The catalyst for the drop in rates has been the sharp decline in other sovereign bonds yields.

opus capital managementDownload Full PDF





 
 
Subscribe To Our Blog

Blog Categories

  • Opus Insights
  • WM Newsletters
    • 04/10/2017 - Lately, All Ladders
    • 01/11/2017 - New Regime, Newfound Optimism
    • 10/07/2016 - The Waiting Game
    • 07/08/2016 - Whither Brexit, Withering Rate
    • 06/24/2016 - The Brexit Vote
    • 04/15/2016 - In Like a Lion (or Should We S
    • 01/15/2016 - Running in Place in 2015
    • 10/15/2015 - Long-Awaited Correction Arrive
    • 07/13/2015 - Equity Markets Flat, Bonds Fal
    • 04/13/2015 - Review of First Quarter 2015
    • 02/17/2015 - Divergent Paths: Large U.S. St
         
WHAT'S HAPPENING

Walk to Cure Arthritis
  Join us for the 2017 Walk to Cure Arthritis on Sunday, May 21, 2017. If you or your family/friends are interested in participating (or donating), CLICK HERE to join Opus Capital’s team.  There is no cost to participate!                      
  MEET OUR TEAM

Matt Mautino
  Matt Mautino
Operations Support

View Bio
Joseph P. Condren, CFA
  Joseph P. Condren, CFA
Principal, COO and CCO

View Bio
Nathan A. Bishop, CFA
  Nathan A. Bishop, CFA
Principal
and Portfolio Manager

View Bio

  Jakki L. Haussler, Esq., CPA
Founder and CEO

View Bio
Nathan M. Bailey, CFA
  Nathan M. Bailey, CFA
Associate Wealth Advisor

View Bio
Adam T. Eagleston, CFA
  Adam T. Eagleston, CFA
Principal
and Portfolio Manager

View Bio
B. Rapking - Operations Associate
  Brad J. Rapking
Equity Trader

View Bio
Michael R. Knapke
  Michael R. Knapke
Manager - Marketing and 
Client Relations

View Bio
Debra Gordon
  Debra Gordon
Director - Marketing
and Client Relations

View Bio
John A. Ferguson, CFA
  John A. Ferguson, CFA
Principal
and Portfolio Manager

View Bio
Len A. Haussler, CFA, CPA
  Len A. Haussler, CFA, CPA
Founder
and Portfolio Manager

View Bio
David W. Wagner III
  David W. Wagner III
Research Analyst


View Bio
Kevin P. Whelan, CFA
  Kevin P. Whelan, CFA
Principal
and Portfolio Manager

View Bio

  Nathanael A. Stewart, CFA
Associate Portfolio Manager
and Research Analyst

View Bio

  CONTACT INFO

221 E. 4th Street, Suite 2700
Cincinnati, OH 45202
Office: (513) 621-6787
         
Copyright © 2017. Opus Capital Management. All Rights Reserved