USD March Market Commentary
Noteworthy Developments: Global markets declined in March amid escalating tensions in the Middle East, which led to swift increases in energy prices, increased volatility, and broad risk aversion across asset classes. Global Equities: Global equities (MSCI ACW Index) declined 7.2% in March amid risi
USD February Market Commentary
Noteworthy Developments: Global equities appreciated modestly in February, as strong gains in international developed and emerging markets offset declines in U.S. large-cap stocks driven by weakness in the technology and communications services sectors. Global Equities: Global equities rose 1.3% dur
USD January Market Commentary
Noteworthy Developments: Global equities advanced in January led by strong gains in both emerging and international developed markets. Global Equities: Global equities rose 3.0% during January, as measured by the MSCI ACWI Index. US large-cap equities (S&P 500) gained 1.4%, while international d
USD December Market Commentary
Noteworthy Developments: Global equities advanced in December, led by international markets and value-oriented sectors, while US large-cap equities remained flat. Global Equities: Global equities rose 1.0% during December, as measured by the MSCI ACWI Index. US large-cap equities (S&P 500) were
USD November Market Commentary
Noteworthy Developments: Global equities, as represented by the MSCI ACWI Index, ended flat during the month with periods of high volatility. Global Equities: Global equities were flat, with US large-cap equities (S&P 500) up 0.2%, international developed equities up 0.6% and emerging market equ
USD October Market Commentary
Noteworthy Developments: Global equities, as represented by the MSCI ACWI Index, appreciated 2.2%, with positive performance across all major regions. Global Equities: Global equities increased by 2.2%, with US large-cap equities (S&P 500) up 2.4%, international developed equities up 1.2% and em
USD September Market Commentary
Noteworthy Developments: Global equities, as represented by the MSCI ACWI Index, appreciated +3.6%, with positive performance across all major regions. Global Equities: Global equities increased by 3.6%, with US large-cap equities (S&P 500) up 3.6%, international developed equities up 1.9%, and
USD August Market Commentary
Noteworthy Developments Global equities, as represented by the MSCI ACWI Index, appreciated 2.5% during August, with positive performance across all major regions. Global Equities Global equities increased by 2.5%, with US large-cap equities (S&P 500) up 2.4%, international developed equitie
USD July Market Commentary
Noteworthy Developments Global equities, as represented by the MSCI ACWI Index, appreciated 1.4% during July, with mixed performance across regions. Global Equities Global equities increased by 1.4%, with US large-cap equities (S&P 500) up 2.2%, international developed equities down 1.4% and
USD June Market Commentary
Noteworthy Developments Global equities, as represented by the MSCI ACWI Index, appreciated strongly by 4.5% during June, with all major regions performing strongly. Global Equities Global equities appreciated by 4.5%, with US large-cap equities (S&P 500) up 5.1%, international developed equ
