The third quarter brought a lot of
movement in the domestic stock market but by September 30th the
S&P 500 had not gone far from where it started the quarter.
The
resilience of the US Stock Market continued in the 2nd quarter. The economy is still growing, although more
signs of a slowdown are appearing. Due
to some good posturing, Q1
If you were looking for a little encouragement after a volatile
December, the 1st quarter did not disappoint. Global markets strongly bounced back,
clocking in gains that would be considered
Happy New Year. Last year while writing the year-end
commentary, we were contemplating the Zen-like calm that had taken over the
markets. Nothing could scare investors: rising interest rates...no
biggie;
2017 was a banner year for markets. Rarely in history have the markets displayed such consistent increases. We first noted the calm in the market in our 2017