Q2 2019 MARKET REVIEW

The second quarter of 2019 was positive across the board. The US market was up over 4%, with international right behind it and emerging market stocks squeezing out a small gain. Bonds both in the US and globally were up around 3%.

For a detailed Market Overview as well as an article titled “The Uncommon Average” which discusses average market returns and the actual range of outcomes experiences, click here.

Planning note: I must admit, sometimes it feels a bit amazing how long this bull market has continued as it is over 10 years old, the longest on record. For years I’ve been hearing concerns that the market is too high, at its peak and overextended. I understand those sentiments, but they haven’t stopped the market from going higher. The same holds true for the bond market as rising rates (and therefore declining bond prices) have been a concern to many people for a long time. There is no doubt the market will have struggles, there will be another recession and this bull market will end. That said, my advice is to have an investment strategy designed around your financial plan, not the latest headline news or your emotions, there is too much at stake.

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