The negative headlines of the past 6 months have been neglected by the stock market and the positive data won out in the first half of 2019. Happy reading!
Yield curve inversions, earning recessions, global economic slowdowns, a government shutdown….and stocks are up. This past quarter shows once again that: The stock market is difficult to time with any consistency. That over all but the longest of time periods, the stock market and the economy are uncorrelated. Happy reading and enjoy the Q1 review of global markets.
The following presentation contains Quarterly and Year-to-Date performance of stock and bond markets for 2018. Additionally, a quick note on the benefits of diversification is included towards the end of the document.
The presentation below features quarterly and annual performance of the global equity and fixed income markets. The return data has been updated through Quarter 3 of 2018.