U.S equity markets began the new decade seamlessly from 2019.
It scarcely seemed possible one year ago – shortly after the S&P 500 dropped 9% between the Fed’s last meeting of the year and Christmas Eve –
After a bruising fourth quarter 2018, we just witnessed the best Q1 since 1998 and the best quarterly S&P 500 return since 2009.
Well, that escalated quickly. 2018 is in the books with the first negative stock market performance since 2008.
After posting its strongest quarterly returns in many years, the S&P 500 and the global stock market experienced its worst month since 2011.
The third quarter was a good one for stock investors.
The S&P 500 reached all-time highs in August and eventually pushed through the 2,900 milestone for the first time ever on August 28th.
U.S. stocks led the way in July as global markets posted strong monthly returns.
Markets remained choppy throughout the quarter with global stocks posting a modest return.