Second Quarter 2017 Key Takeaways The first half of 2017 proved to be a very strong period for global stock markets. Large-cap U.S. stocks were impressive with a surge of 9.3%. However, international stocks were the stars and continue to lead the way with returns in the mid-teens. Our portfolios benefited from a solid weighting
First Quarter 2017 Key Takeaways Global equities greeted the new year with the same degree of enthusiasm with which they closed 2016. Emerging-market stocks led the way with strong gains, followed closely by developed international and large U.S. stocks. Our portfolios benefited from their exposure to emerging-market stocks, which outpaced U.S. stocks for the quarter.
It was an interesting year. The past year proved to be tumultuous on many fronts. It began with a steep double-digit plunge in stock markets and ended with a six-week equity rally. Fears of rising interest rates, news flow surrounding oil prices and production cuts, and the political upsets of the Brexit vote and Donald
The number one question we have received recently is whether we are selling stocks and holding cash as the presidential election looms over the country. We all have our personal political views, but as investors we have to remain neutral. In summary, markets prefer certainty and dislike uncertainty. A Clinton victory should bring the most
U.S. markets were floating in a narrow range for most of the quarter until June, when the relative calm in global stock markets came to an abrupt end. Upending most leading forecasts and taking world financial markets by surprise, the United Kingdom voted to leave the European Union on June 23. (The British common man
1st Quarter 2016 Key Takeaways It was a tale of two halves for global financial markets in the first quarter of the year. Stock markets plunged early on, falling 10%-16%. Broadly speaking, the decline was due to ongoing fears of a hard landing in the Chinese economy, a continuing plunge in oil prices, weaker-than-expected U.S.
2015 was a weak year for financial markets across the globe and across asset classes (stocks, bonds, commodities, etc.). Among the major global stock markets, the United States was the best performer, but that’s faint praise given the S&P 500’s 1.4% return. Dissecting the S&P 500 a bit further: According to Charles Schwab’s Liz Ann
Without sugarcoating the news, it was a painful quarter for the markets. Markets had been trading sideways for a year through the second quarter, but then in August and September volatility erupted and moved the markets into “correction territory” (10-15% loss). On October 1 the Wall Street Journal reported that the Dow Jones Industrials decreased
As the second quarter ended, Greece was making headlines for its June 30 default on a debt payment to the International Monetary Fund amidst increasingly fraught negotiations with its eurozone creditors; China was in the news for its very sharp short-term stock market decline and surprise interest rate cut; and Puerto Rico announced it would
So far 2015 has experienced higher than normal volatility, and the most popular measures of the market have made little progress. The Dow Jones Industrial Average actually lost a small amount and the Standard and Poor’s 500 increased by 4/10th of one percent. Our client portfolios benefited from diversification as a wide range of asset