Market volatility reappeared during the first quarter of 2018, following the stock market’s consistent growth in 2017. The quarter got off to a strong start in January as congress passed a Republican tax plan that decreased the tax burden for U.S. corporations. However, February and March gave way to global stock declines due to public concern about rising interest rates, growing inflation pressures and talks of a potential trade war between the U.S. and China. Emerging markets outperformed developed markets, including the US during the quarter.
Let Us Catch you Up
If you don’t have much time, simply check out pages 3 and 4. You’ll see the overall performance of stocks and bonds and an overview of major news events from the quarter. An outline is included below, but be sure to download a full copy of the quarterly market review summary.
Notable Q1 Headlines
“US Imposes New Tariffs, Ramping Up ‘America First’ Trade Policy”
“Dow Industrials Plunge into Correction”
“Dollar Drops to Lowest Level Since December 2014”
“Congress Passes Mammoth Spending Bill, Averts Shutdown”
Q1 Index Returns
US Market -0.64%
Real Estate -5.79%
US Bond -1.46%
Global Bond +0.94%