2019 Fourth Quarter Review and Outlook
Global financial markets enjoyed an exceptionally strong year in 2019, with positive returns from every asset class.
2019 Third Quarter Review and Outlook
Stock markets were mixed in the third quarter, with US equities up slightly and international stocks losing ground.
2019 Second Quarter Review and Outlook
The current US economic expansion is now 120 months old, vying with the 1991-2001 period as the longest in post-war history. Stock markets recovered from their May sell off and inched higher by the end of June.
2019 First Quarter Review and Outlook
Financial markets rallied sharply in the first quarter of 2019, despite signs of slowing global growth. Investors responded positively to signals from the US Federal Reserve Bank that the incremental rate hikes of the past several years may be coming to an end, and that going forward monetary policy is likely to be more neutral, and therefore supportive of markets and the economy.