Dear Clients, Investors & Friends,

Attached, please find Maridea’s latest Monthly Market Update for March 2024. This concise report offers a snapshot of key trends and insights shaping the current economic landscape. Here are the summary takeaways for this month:

• The S&P 500 Index gained +5.2%, underperforming the Russell 2000 Index’s +5.6% return. All eleven S&P 500 sectors traded higher, with cyclical sectors outperforming.
• Corporate investment-grade bonds produced a -1.9% total return as Treasury yields rose, while corporate high-yield bonds produced a +0.3% total return.
• International stocks underperformed U.S. stocks. The MSCI EAFE Index of developed market stocks returned +3.0%, while the MSCI Emerging Market Index gained +4.2%.

Your success is our priority, and staying informed is crucial. Feel free to reach out with any questions or to discuss how these market insights may impact your financial goals.

Best regards,

Maridea

Maridea Wealth Management

Phone: (269) 598-0939 | Email: [email protected]

www.marideawealth.com

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View Attached Report