4th Quarter 2014 Markets Fourth quarter headlines included volatility spikes, dramatic declines in oil prices, and positive views of the economy by the Fed. Oil declined 41% this quarter and 46% for the year. The dollar continued to gain against some major developed global currencies. For the year, the dollar gained 13.6% against the euro and 13.8% against the yen whil ...
Market Perspectives
Q3 2014: "Nervous Investors, Choppy Markets"
3rd Quarter 2014 Markets It was a choppy third quarter for global asset classes. Domestically, Large Cap equities rose slightly but Small Cap US stocks fell. The Dow rose 0.6%, the S&P rose 1.3%, and the NASDAQ rose 1.9%, but the Russell 2000 fell 7.7%. International equities, on average, fell for the quarter with the MSCI ACWI ex US down 6%. European equities decl ...
Q2 2014: "Slow But Steady Growth"
2nd Quarter 2014 Markets In the second quarter of 2014 major asset class performance was positive. The Dow was up 2.4%, the S&P up 4.7%, and the NASDAQ up 5%. International equities nearly kept pace with US equities; the MSCI ACWI ex US was up 3.8%. MSCI Europe was up 1.9%, and MSCI Pacific was up 5.2%. Emerging market equity indices rebounded from recent underpe ...
Q1 2014: "On Cruise Control"
1st Quarter 2014 Markets The first quarter was a relatively calm start to the year. The Dow was down 0.7%, the S&P up 1.3%, and the NASDAQ up 0.5%. International equities were nearly flat as well with the MSCI ACWI ex US down 0.1%. European equities were up 1.5% and Pacific equities were moderately negative, with the MSCI Pacific down 3.3% for the quarter. Emergi ...