Investment Review - December 2021
- The S&P 500 lost 0.8% in November, bringing its year-to-date gain to 23.0%. The Dow Jones Industrial Average was down 3.5% for the month and has returned 14.5% year-to-date. The Nasdaq Composite advanced 2.0% in November, bringing its year-to-date gain 25.9%.
- Non-US stocks were down in November. The MSCI EAFE index of developed countries was down 4.5% in November while the MSCI Emerging Markets index was down 4.1%. The U.S. dollar was up 2.4% for the month.
Disclosure: This commentary reflects the opinions of Welch & Forbes based on information that we believe to be reliable. It is intended for informational purposes only, and not to suggest any specific performance or results, nor should it be considered investment, financial, tax or other professional advice. It is not an offer or solicitation.
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