The first quarter of the year was characterized by elevated volatility, concerns about China, and global recession fears...
It’s been an eventful year for markets and countries around the world. The S&P 500’s small 0.73% loss is its worst performance since the flat return of 2011 and the first negative price performance since 2008.
PWM presents the Fall 2015 Market Flashback. In this video, we will discuss: Concerns about global growth and the possibility of a hard landing in China continue to weigh on investors. Volatility levels have spiked creating opportunities for long term investors.
Markets and the global economy are not too far from the trajectory they were on at the beginning of the year, despite all the international drama.
Year to date, the US dollar has risen about 11.6% vs. the Euro. As mentioned previously, this is due to a divergence in monetary policies.
U.S. Economic data released at the end of the quarter was mostly positive. The final revision for second quarter Gross Domestic Product (GDP) showed a healthy 4.6% annual rate of growth, revised upwards from a previous read of 4.2%.
In general, with the exception of momentary concerns, investors chose not to be troubled by geopolitical issues and mixed economic reports.
Global equity markets ended the quarter, and the year, on a high note.
Equities powered through several headwinds this quarter providing an important lesson on the benefits of maintaining a disciplined investment approach...