4th Quarter 2012 Markets Domestic equity indices were down modestly for the quarter with the Dow down 2.5%, the S&P 1%, and the NASDAQ 3.1%. However, for the year, domestic equity markets were up nicely with the Dow 7.3%, the S&P 13.4%, and the NASDAQ 15.9%. For globally diversified equity investors, the news was even more favorable. The MSCI’s European Index wa ...
Market Perspectives
Q3 2012: "Market Respite"
3rd Quarter 2012 In a period of looming macroeconomic risks and great investor uncertainty the quarter resulted in solid gains in most global equity markets. The Dow was up 4.3%, the S&P 500 5.8% and the NASDAQ 6.2% for the quarter. Year-to-date the Dow was up 10%, the S&P 14.5% and the NASDAQ 19.6%. The news internationally was encouraging though mixed with Euro ...
Q2 2012: "A Long Road Ahead"
2nd Quarter 2012 The slowdown in global economic activity and heightened macroeconomic risks were reflected in negative equity returns for the quarter. The Dow fell 3%, the S&P 500 3%, and the NASDAQ 5%. International equities were even more affected by the downturn with the MSCI EAFE dropping 7% and the MSCI Emerging nearly 9%. The flight to quality resulted in posi ...
Q1 2012: "Calm After the Storm"
1st Quarter 2012 Equity investing was a solid bet in the quarter. The Dow rose 8%, the S&P 500 13% and Nasdaq 19%. International equities also rebounded nicely from the prior quarter. Europe and Pacific indices were up roughly 11% while the Nikkei 225 posted a remarkable 19%. Bond indices were mixed, with the Barclays Capital Aggregate Bond Index flat and long term ...