March Monthly Commentary

Volatility hobbled equity markets in March amid escalating tensions over a potential trade war between the United States and China. With a tit-for-tat tariff battle underway between the world’s two largest economies, the S&P 500 Index slumped 2.5% and the … Continued

February Monthly Commentary

Global equities snapped their winning streak amid a spike in volatility, resulting in a moderate correction early February. Investors’ concerns around rising wage inflation potentially leading to more aggressive rate hikes by the Fed and a larger projected government deficit … Continued

January Monthly Commentary

Global equities continued their winning streak in the new year. Emerging market stocks maintained their lead—gaining 8.3% in January, according to the MSCI EM Index—bolstered by a weaker US dollar, stronger commodity prices, and sustained economic growth. The S&P 500 … Continued

December Monthly Commentary

Equities rounded out a banner year with additional gains on the back of strong earnings and economic growth. Maintaining their lead, emerging market stocks returned 3.6% in December, according to the MSCI EM index, racking up gains of 37.9% in … Continued

Monthly Commentary for November 2017

As 2017 draws to a close, most investors can look back on the year as one marked by low volatility and high returns. November did little to change this dynamic as global equities continued their relentless march forward. US stocks … Continued

October Monthly Commentary

Global equities racked up fresh gains in October amid positive economic signals across the globe. At home, the S&P 500 Index was up 2.3% as unemployment fell to 4.2%, the lowest it’s been since 2001, and third-quarter GDP estimates exceeded … Continued

September Monthly Commentary

Global stocks continued their march upward in September with gains of 1.9%, according to the MSCI ACWI Index. At home, the S&P 500 Index was up 2.1%, bested by the Russell 2000 which gained 6.0%. Most emerging currencies weakened against … Continued

August Monthly Commentary

Global equities closed out August in the black with emerging markets continuing to lead the charge. The MSCI EM Index increased 2.2%, bolstered by a weak dollar and positive economic data out of China. With nine consecutive months of gains … Continued

July Monthly Commentary

Global equities got another solid month under their belt with emerging markets still leading the way in July. The MSCI EM Index gained 6.0% and was bolstered by dovish comments from the Federal Reserve. Non-US developed market stocks were in … Continued

June Monthly Commentary

Global equities were modestly up in June with the MSCI ACWI Index returning 0.5%. At home, small-cap stocks bested large-cap equities with the S&P 500 Index gaining 0.6% and the Russell 2000 Index returning 3.5%. In Europe, stocks sold off … Continued