Investment Thinking

November 2018 Monthly Market Tracker

November 2018 Monthly Market Tracker

Global stocks climbed over 1% last month, rallying a bit after the ups and downs of October. Reduced uncertainty at the beginning of the month helped the market sustain brief gains, and again near the end of the month after Federal Reserve Chairman Jay Powell remarked that interest rates were nearing “neutral” levels.

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October 2018 Monthly Market Tracker

October 2018 Monthly Market Tracker

Markets tumbled nearly 8% over the course of the month, propelled by Federal Reserve Chairman Jay Powell’s announcement that they plan to continue rate hikes and anticipation of new Chinese stimulus measures. Learn more in our October Monthly Market Tracker.

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3rd Quarter 2018 Market Review: Quiet Calm in Early October

US equities continued their steady rise in the third quarter of 2018, further distancing themselves from equity markets in other parts of the world. The substantial reduction in corporate tax rates enacted at the start of the year is paying big dividends in the form of sharply higher earnings growth from US companies. Year-on-year earnings growth is running north of 20% this year, and this trend is expected to continue for the remainder of 2018. Beyond the tax cuts, stock prices are being supported by strong revenue growth, modest inflation, and high levels of consumer and business confidence. The S&P 500 rose 7.7% in the third quarter, bringing its 2018 return to 10.6%.

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September 2018 Monthly Market Tracker

September 2018 Monthly Market Tracker

After some ups and downs last month, global socks ended up just above even. There was a bit of a climb in the second half of the month, as the S&P 500 reached a new all-time high above 2940 and the US, Canada, and Mexico came to a last-minute agreement on a proposal to revise NAFTA. Learn more in our September Monthly Market Tracker.

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August 2018 Monthly Market Tracker

August 2018 Monthly Market Tracker

Global stocks climbed just over 1%, boosted by Apple’s stock growth and impressive US economic growth in the second quarter. Learn more in our August Monthly Market Tracker.

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July 2018 Monthly Market Tracker

July 2018 Monthly Market Tracker

Global stocks end up a full 3% in the last month, owing in part to growth fueled by the 2017 tax cuts and despite tariffs on some US exports and a historic drop in Facebook shares. Learn more in our July Monthly Market Tracker.

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Screenshot of the first page of the 2Q 2018 Market Review

2nd Quarter 2018 Market Review: Treading water in choppy seas

Countervailing forces created plenty of volatility in the second quarter, as investors veered from applauding the strength of the US economy to bemoaning the threat of heightened trade conflicts. US equities (S&P 500) posted a gain of 3.3% in the quarter but remain more than 5% below the high set in late January. Yields on the bellwether 10-year US Treasury bond rose from 2.74% at the start of quarter to a high of 3.12%, only to fall back to 2.86% at quarter-end.  For the first half of 2018, the S&P 500 returned 2.7%, while the broad bond market index1 posted a negative return of -1.6%.

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June 2018 Monthly Market Tracker

June 2018 Monthly Market Tracker

Global stocked ended just slightly down last month, as risks of a global trade war were on investors’ minds mid-month. Learn more in our June Monthly Market Tracker.     While taken from sources deemed to be accurate, Ballentine Partners makes no representations about the accuracy of the information in the market summary or its appropriateness for […]

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May 2018 Monthly Market Tracker

May 2018 Monthly Market Tracker

Global markets ended just barely north of even last month, boosted by treasury yield rates and stymied by international geopolitical concerns. Learn more in our May Monthly Market Tracker.

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April 2018 Monthly Market Tracker

April 2018 Monthly Market Tracker

Global markets climbed slightly over the last month, owing in part to the subsiding of trade war fears and optimism over first quarter earnings. Learn more in our April Monthly Market Tracker.

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1st Quarter Market Review

1st Quarter 2018 Market Review: Searching for direction

The string of nine straight quarterly gains for the S&P 500 Stock Index was finally broken in the first quarter of 2018, but only modestly. Stocks exploded out of the gate in January, buoyed by the recent passage of the tax reform package by the Republican-led congress. As the quarter wore on, however, investors became […]

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March 2018 Monthly Market Tracker

March 2018 Monthly Market Tracker

Global markets dipped another 2% this month, partly due to concerns about a possible trade war and the President’s recent comments about Amazon. Learn more in our March Monthly Market Tracker.

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February 2018 Monthly Market Tracker

February 2018 Monthly Market Tracker

Global markets were down just over 4% this past month, kicked off by a surge of volatility and coinciding with the S&P 500’s first down-month since October 2016. Read more in our February Monthly Market Tracker.

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January 2018 Monthly Market Tracker

January 2018 Monthly Market Tracker

Global markets climbed over 5% last month despite declines in both the Dow Jones Utility Average Index and the Dow Jones US Real Estate Index and returning volatility near the end of the month. Read more in our January Monthly Market Tracker.

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Q4 Market Review

4th Quarter 2017 Market Review: Stars aligned

It all came together for financial markets in 2017: accelerating earnings growth, marked improvement in sluggish overseas economies, benign interest rates, improving consumer confidence, and a big tax cut for US businesses heading into 2018.

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December 2017 Monthly Market Tracker

December 2017 Monthly Market Tracker

Global stocks were up yet again last month, boosted by the Senate’s passing of the tax reform bill and a new high for crude oil prices in 2017. Read more in our December Monthly Market Tracker.

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