The Economy

2019Q4 Lookback

The last quarter of 2019 finished very strong with the VIX fear index falling 13.7% while the major indices roared on, gaining between 6-12% in the three month period. These fourth quarter returns are extremely robust; recall that between 1928-2018 stock market as measured by the S&P 500 returned 10% a year on average.1 This.

Almond Confirmed

2019Q3 Lookback

As we break into the last quarter of 2019, it is natural to look back at what the markets have done this year so far. Following a volatile downturn in the last quarter of 2018, where the major U.S. stock market benchmarks lost 11-18% of their value, U.S. stock markets have seen a large rebound..