Stocks and Bonds in a Short Term Downtrend

The broad global market indexes declined during August. Global stocks, represented by $SPX, EFA, and EEM below, declined -4% or more during the month. The broad bond index (AGG) declined too.

Global Market Returns August 2013

EFA: iShares MSCI EAFE is exposure to Developed markets stocks in Europe, Australia, Asia & the Far East.

EEM: iShares MSCI Emerging Markets is exposure to Emerging markets large- and mid-cap stocks.

AGG: iShares Core Total U.S. Bond Market is exposure to  US investment grade bonds

$SPX S&P 500® is widely regarded as the best single gauge of large cap U.S. equities.