This review features world capital market performance and a timeline of events for the past quarter.
Download the full PDF report at the end of this post for complete commentary.
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.
Equity markets posted positive returns around the globe in the first quarter. Looking at broad market indices, US equities outperformed non-US developed and emerging markets.
Small caps outperformed large caps in the US and non-US developed markets but underperformed in emerging markets. Value stocks generally underperformed growth stocks in all regions.
REIT indices outperformed equity market indices in both the US and non-US developed markets.
Download the PDF version for a complete review featuring additional performance data for individual asset classes and further commentary.View Report