Quarterly Market Update (2019.Q2)

Last Friday marked the completion of a tremendous rebound from the fourth quarter of last year where we saw about a 20% decline in just a few months.

Below I’ve provided returns of various markets for the second quarter, year-to-date and since the global stock market peak on 1/26/2018. The first half of the year was one of the strongest on record for the U.S. market and the best since 1997. However, even given the very strong returns in the first half of 2019, the global stock market has still been unable to regain its all-time high from almost a year-and-a-half ago.
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Quarterly Market Review: 2017.Q3

Below you’ll find a summary of 3rd quarter and year-to-date returns for a handful of market indexes covering the globe.

Stocks continued to perform extremely well in the third quarter boosting year-to-date returns well into the double-digits. The top performing assets were foreign stocks with emerging market stocks more than doubling the returns of the U.S. stock market. Broad commodities have been the poorest performer for the year so far.

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