Market Update

Q1 2019 Market Review

Remember how bleak the markets seemed at the end of 2018? All of the worries about whether the Fed may have applied the brakes a tad too long, an escalating trade war with China, a mid-term shakeup in Washington DC, ongoing Brexit drama, and a eurozone confidence slowdown? While some of those issues remain unresolved, hopes for a trade deal with China and an about face toward dovishness by key central banks buoyed markets in spite of a Polar Vortex and another government shutdown that created more headwinds.

US growth stocks, both small and large, were the big winners of the quarter, but every equity category saw gains.

Q4 2018 Market Review

Happy New Year! As for the last one, at least the last quarter, good riddance! Concerns that the Fed may have applied the brakes a tad too long, an escalating trade war with China, ongoing Brexit drama, and a eurozone confidence slowdown resulted in one of the worst quarters for equity markets since the 2008-09 bear market. The selloff began when the Fed Chairman suggested that further rate increases were on the horizon. That sparked volatility that ultimately saw most equity markets fall 20% or more below previous highs, which is the classic definition of a bear market.