First Quarter 2018 Key Takeaways Volatility returned to the financial markets in the first quarter for the first time in a while. Stocks surged out of the gates in January, then corrected sharply before rebounding into mid-March, clawing back much of their losses. They then dipped again into quarter-end, buffeted by a potential trade war
Key Takeaways From 2017 Think back to Monday, November 7, 2016, the day before the Presidential election. What was your outlook if Hilary Clinton would be elected? What was your outlook if Donald Trump would be elected? This is not a political newsletter, but I would like to suggest that personal emotions (which are often
Wow! It has been a nice run for the market thus far in 2017. Returns have been higher than historical averages, and volatility has been muted. There have been only eight trading days where the S&P 500 has moved 1% or more in either direction. One year ago, many strategists predicted a major selloff if
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