Below is a preview of our 2018 Q3 market review.
Download the full PDF report at the end of this post for our complete commentary.
This review features world capital market performance and a timeline of events for the past quarter.
Q3 Market Summary
Q3 World Stock Market Performance
These headlines are not offered to explain market returns. Instead, they serve as a reminder that investors should view daily events from a long-term perspective and avoid making investment decisions based solely on the news.
Q3 World Asset Classes
Looking at broad market indices, the US outperformed non-US developed and emerging markets during the quarter.
Small caps underperformed large caps in the US, non-US developed, and emerging markets. The value effect was positive in emerging markets but negative in the US and non-US developed markets.
REIT indices underperformed equity market indices in both the US and non-US developed markets.