Quarterly Commentary, Q1 2022
Despite markets enduring their worst quarter in two years, with all asset classes in negative territory, the final two weeks of the opening quarter of 2022 brought an impressive rebound.
Quarterly Commentary, Q4 2021
Global equity markets finished the year with another strong quarter. Real Estate Investment Trusts (REITs) led the way, returning 17.14% (per the Wilshire REIT Index). This was followed by U.S. large company stocks, returning 11.03% (per the S&P 500).
Quarterly Commentary, Q3 2021
After five consecutive quarters of strong returns, the global equity market rally paused during the third quarter, with a downturn concentrated in the last two weeks of September.
Quarterly Commentary, Q2 2021
The second quarter saw continued strength in equity markets. Real Estate Investment Trusts (REITs) led the way, returning 12.84% (per the Wilshire REIT Index). This was followed by the S&P 500, returning 8.55%...
Quarterly Commentary, Q1 2021
The first quarter saw equity markets continue their strong run following the lows reached just over a year ago. Domestic small and small value stocks led the way again this quarter, returning 12.70% and 21.17%, respectively (per the Russell 2000 / 2000 Value).
Quarterly Commentary, Q4 2020
The fourth quarter saw equity markets continue their strong run following the March 23 lows.
Quarterly Commentary, Q3 2020
The third quarter saw equity markets continue their recovery from the March 23rd lows. International small company stocks (per the MSCI EAFE Small Cap Index) led the way, returning 10.25% for the quarter, followed by emerging markets (per the MSCI EM Index) with a 9.56% return.
Quarterly Commentary, Q2 2020
The second quarter 2020 saw a significant rebound in equity markets following the jolting declines in the first quarter. Domestic small company stocks (per the Russell 2000 Index) led the way with a return of 25.42%, followed by the S&P 500 with a return of 20.54%.
Quarterly Commentary, Q1 2020
To say that equity markets had a challenging start to 2020 would be an understatement. The record highs reached in mid-February by the S&P 500 seem like a distant memory after the 30% drop in March – the quickest decline from a new high ever recorded.
Quarterly Commentary, Q4 2019
As a whole, 2019 was a strong year for risk assets. Domestic equities led the way, with the S&P returning 31.49% for the year.