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 around the globe posted positive returns for the quarter. Looking at broad market indices, US equities outperformed non-US developed and emerging markets during the quarter.
Value stocks outperformed growth stocks in emerging markets but underperformed in developed markets, including the US. Small caps underperformed large caps in all regions.
REIT indices underperformed 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.
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