State of the Markets The momentum of 2019 continues. Every asset class had positive performance in the second quarter which lead to significant gains for the first half of the year. As of the end of June, the U.S. stock market (Russell 3000) increased 4.1% for the quarter and 18.7% year-to-date. International developed markets (MSCI World ex USA IMI) returned 3.5% for the quarter and 14.4% year-to-date. While emerging markets (MSCI Emerging Markets IMI) were essentially flat for the... Read More

Each Quarter we summarize market conditions and trends in our Quarterly Market Review. The review provides detailed information about global capital markets including a timeline of events over the previous quarter. It begins with a global overview, then features the returns of stock and bond asset classes in the US and International markets. Read More

State of the Markets The first quarter of 2019 saw a significant rebound from the very steep decline investors experienced in the fourth quarter of 2018. While the fears that drove last year’s declines have not fully dissipated, the probabilities of worst-case scenarios have certainly diminished. Investors have accepted the reality that economies around the world are doing fine, the U.S. Federal Reserve is not our enemy, and disruption of the government does not necessarily mean... Read More