Investors faced two things in the final quarter of 2018: excellent economic reports, and sharply plunging stock markets. Recent activity has been strongly positive, but in the fourth quarter, there was a shock to the outlook for the months ahead.
Our portfolio managers discuss the economic factors affecting capital markets, the impact on investment performance and our 2019 outlook. Watch Webinar
Authors examine a number of issues of particular importance to rural electric co-ops, considering the economic implications for communities and the broader U.S. economy and market.
U.S. stocks had another strong quarter, despite continued volatility. Strong earnings reports dominated sentiment, overriding investor concerns about the ongoing trade war with China and increasing worries about the effects of higher interest rates.
Sweeping cuts in corporate and individual tax rates, along with continued robust readings on economic growth and employment, helped to propel U.S. stocks higher in the second quarter of 2018. Escalating trade tensions were a headwind.