Global Market Summary

Second Quarter 2020 - ReboundDownloadRecovering from their first-quarter selloff, equity markets bounced back and ended the quarter with the S&P 500, MSCI EAFE, and MSCI EM indices posting gains of 20.5%, 14.9%, and 18.1%, respectively. A potent combination of record-breaking fiscal and monetary stimulus, re-openings, relatively positive data points on economic activity, and progress on COVID-19 treatments contributed to positive investor sentiment and fueled the markets’ ascent. ...

First Quarter 2020 - A Great PauseDownloadIn the first quarter, global equity markets declined dramatically from their mid-February peaks, bringing about an extraordinary end to the ten-year-plus bull market that started at the end of the Global Financial Crisis. The S&P 500, MSCI EAFE, and MSCI Emerging indices posted double-digit declines of 19.6%, 22.8%, and 23.6%, respectively, as investors reacted to the coronavirus pandemic. March was an extremely volatile month...

Fourth Quarter 2019 - Riding the WaveDownloadEquity markets continued to rally in the fourth quarter and ended the year on a high note with the S&P 500, the MSCI EAFE, and the MSCI Emerging indices posting double-digit gains of 31.5%, 22%, and 18.4%, respectively, for the year. Equity markets overcame a laundry list of concerns, including global trade wars, Brexit, collapsing industrial production, an inverted yield curve in the...

Repeating the same pattern experienced in the last few quarters, concerns about Brexit, political uncertainty, trade disputes between the US and China, and slowing global growth continued to have an impact on investor sentiment. While developments on these topics, especially tariffs, dominated the headlines, they remained unresolved throughout the quarter.Third Quarter 2019 - Holding PatternDownload ...

Concerns about global growth and tariffs were present throughout the quarter; however, the overall tone for the period was set by a series of statements from central bankers around the world pledging their willingness to implement stimulative measures if economic conditions in their regions deteriorate. After a volatile May and June, equity markets ended the period with positive results; domestic equity markets posted the strongest performance, with the S&P 500...

After selling off late last year, equity markets bounced back and ended the quarter with the S&P 500, MSCI EAFE, and MSCI EM indices posting gains of 13.6%, 10%, and 9.9%, respectively. Concerns over the US-China trade dispute eased and accommodative policies from global central banks proved a potent combination, helping investors to overcome their worries about global growth....

In the final weeks of 2018, domestic equity markets experienced an incredible level of volatility as they joined the global selloff in risk assets. Overall markets finished the year in negative territory, with the S&P 500, the MSCI EAFE, and the MSCI Emerging indices declining by 4.4%, 13.8%, and 14.6%, respectively. Compared to the halcyon days of 2017, during which US markets experienced no moves greater than 3%, and 2016,...

Questions that dominated the first half of the year remained at the forefront during the quarter, as investors continued to assess the impact of rising interest rates in the US and of trade wars and tariffs between the US and its global trading partners. Equity markets ended the period with mixed results. Domestic equity markets performed well; the S&P 500 gained 7.7%, while the MSCI EAFE increased by 1.4% and...

[wpdm_package id='28782']The second quarter was marked by a series of escalating skirmishes on the issues of trade and tariffs between the US and its global trading partners. Equity markets ended the period with mixed results; domestic equity markets performed well, with the S&P 500 gaining 3.4%, while the MSCI EAFE and the MSCI Emerging declined 1.2% and 8% respectively.  US markets climbed higher on positive earnings momentum, particularly in the...

After a breakneck start to the year, equity markets retreated to end the quarter with the S&P 500 and MSCI EAFE posting declines of 0.8% and 1.5%, respec-tively, and the MSCI EM Index posting a gain of 1.4%. Volatility returned with vigor, as the S&P 500 recorded 23 daily moves of plus or minus 1% during the quarter, compared to a total number of eight moves in 2017.[wpdm_package id='28602']...