Sunday, December 16, 2018

Newsletter

The first estimate for 4th quarter 2012 GDP was quite a surprising stall of -0.1%. The slowdown came from a decrease in inventories, which knocked 1.3% from GDP (due to Superstorm Sandy and the Midwest drought).

Read More on Capital Markets Outlook 2013 Q1

 

Global equity indices posted solid gains for the 3rd quarter of 2012 with US indices advancing 5-7% across the board. Foreign stocks performed slightly better with returns in the 6-8% range. Year-to-date equity returns are looking quite strong with domestic performance in the mid-to-high teens and foreign equities showing returns in the 10-12% range.

Read More on Capital Markets Outlook 2012 Q3

Global equity indices posted solid gains for the 3rd quarter of 2012 with US indices advancing 5-7% across the board. Foreign stocks performed slightly better with returns in the 6-8% range. Year-to-date equity returns are looking quite strong with domestic performance in the mid-to-high teens and foreign equities showing returns in the 10-12% range.

Read More on Capital Markets Outlook 2012 Q4

On the equity market’s final trading day of the 2nd quarter positive news out of the European Union summit drove the S&P 500 up 2.5% for the day and closed the books on the index’s strongest June performance since 1999 (S&P: +4.1%). However, with a weak start to the quarter in April (S&P: -0.6%) and a dismal month of May (S&P: -6.0%), the index shed 2.8% for the quarter. Foreign stocks fared worse than their US counterparts as both developed and emerging market equities posted high single digit declines for the quarter (MSCI EAFE: -7.1%, MSCI Emerging: -8.8%).

Read More on Capital Markets Outlook 2012 Q2