January 7, 2020 Ben Brown, CFP®, EA

2019 Q4 & Annual Market Review

Below is a preview of our 2019 Q4 & annual 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, as well as an annual review for 2019.

Q4 Market Summary

2019-Q4-Index-Returns

2019-Q4-Long-Term-Index-Returns

Q4 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.

2019-Q4-World-Stock-Market-Performance
2019-Q4-12-Month-World-Stock-Market-Performance

Q4 World Asset Classes

Equity markets around the globe posted positive returns in the fourth quarter. Looking at broad market indices, US equities outperformed non-US developed markets but underperformed emerging markets.

Value stocks underperformed growth stocks in all regions. Small caps outperformed large caps in the US and non-US developed markets but underperformed in emerging markets.

REIT indices underperformed equity market indices in both the US and non-US developed markets.

2019-Q4-World-Asset-Class-Returns

2019 Year in Review

Annual Market Summary

2019-Annual-Index-Returns

Annual World Asset Classes

Equity markets around the globe posted positive returns in 2019. Looking at broad market indices, the US outperformed non-US developed and emerging markets for the year.

The value effect was negative in the US, non-US developed markets, and emerging markets. Small caps outperformed large caps in non-US developed markets but underperformed in the US and emerging markets.

REIT indices outperformed equity market indices in non-US developed markets but underperformed in the US.

2019-Annual-World-Asset-Class-Returns

Download the PDF version for a complete review featuring additional performance data for individual asset classes and further commentary.

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