May was mixed for equity markets, though none showed much strength. Fixed income was also mixed, and certainly didn’t provide much of a safe haven from equity market volatility.
April was a difficult month for equity markets around the world, while bonds continued to suffer.
March was a good month for equity markets around the world, while bonds continued to suffer.
February was almost a carbon copy of January, albeit a faint copy; almost all equity markets were down as were bond markets.
January was a wake up call for growth investors with many high-flying tech companies missing earnings expectations, which roiled equity markets. Meanwhile, fixed income didn’t offer much protection as the prospect of rising interest rates spooked investors, sending bond indexes lower.
December was a good month for most equity markets around the world, capping off what was a great year for many equity markets.
November was a down month for most equity markets around the world, while most fixed income indexes posted gains.
October was a good month for most equity markets, while fixed income and emerging markets were down. REITs had a fantastic month and are on track for their best year in decades.