Q4 2018 Insights

Global Economic and Financial Markets Summary   After reaching all-time highs in the third quarter, major U.S. equity indices fell sharply in the fourth quarter of 2018. The S&P 500…

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Q3 2018 Insights

While the third quarter saw a relatively calm environment for equities, especially U.S. stocks, in hindsight it was the “calm before the storm.” Most third quarter and year-to-date gains (again,…

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Q2 2018 Insights

The second quarter brought renewed strength in U.S. equities, which posted gains on the heels of modest losses earlier in the year. U.S. stocks were the clear leaders of the quarter,…

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Q1 2018 Insights

The first quarter brought a departure from the strong, steady gains in asset prices that investors grew accustomed to in 2017. Most major equity and fixed income indices finished the…

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Q4 2017 Insights

Global equities continued to rally in the fourth quarter, capping a year of strong returns. The S&P 500 Index gained 21.8% in 2017, delivering its best calendar year performance since…

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Q3 2017 Insights

The third quarter witnessed continued broad strength in global financial markets. Major equity and fixed income indices generated positive returns, supported by many of the same factors: synchronized global growth,…

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