First Quarter 2019 Market Perspective

First Quarter 2019 Market Perspective

After a historically poor year across all asset classes, most assets turned around in the first quarter of 2019. I EQUITY MARKETS Stocks had a strong quarter both domestically and abroad. Rebounding from its worst December since 1931, the S&P 500 advanced more...
Third Quarter 2018 Market Perspective

Third Quarter 2018 Market Perspective

I U.S.+ INTERNATIONAL EQUITY MARKETS U.S. equities enjoyed the best quarter in five years with the S&P 500 and NASDAQ up over 7%. The U.S. economy, according to Federal Reserve Chair Jerome Powell, is in the midst of a “remarkably positive” period with...
Fourth Quarter 2018 Market Perspective

Fourth Quarter 2018 Market Perspective

The fourth quarter saw continued – even increased – volatility in the markets, as virtually every major asset class reversed course during the quarter and finished down on the year. All major U.S. equity indices declined more than 10% in the fourth...
Second Quarter 2018 Market Perspective

Second Quarter 2018 Market Perspective

US equities significantly outperformed international equities in both developed and emerging markets in the second quarter of 2018. Domestic stocks outpaced foreign stocks by 6.2% in the quarter, bringing the 10-year performance gap between US and foreign stocks to...
First Quarter 2018 Market Perspective

First Quarter 2018 Market Perspective

For the first time in ten quarters, most global developed equity markets declined in value for the period ending March 31, 2018. The-tech heavy NASDAQ was able to advance, along with emerging market equities.  The year began with rampant optimism around equities as...
Fourth Quarter 2017 Market Perspective

Fourth Quarter 2017 Market Perspective

2017 proved to be a rewarding year for risk-based assets. Global equities and precious metals performed well; commodities broke a multi-year losing streak. Momentum was strong at year-end for each of those markets, and that strength has continued into early 2018. U.S....