Weekly Snippet

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October 18, 2018
Weekly Snippet

Last Week…

The U.S. equity markets endured half of a technical correction after turning back up late Friday.

  • All US equity benchmarks were down between 4.0-5.6% except for Equity REITS.
  • REITS just slipped 2.9%

…And

  • Foreign REITS only dropped 0.6%
  • Foreign Equities fared better, holding on to about 1.0% more than US stocks did.
  • Emerging Markets suffered the least in the global sell off, losing less than 2.0% on the week.

Fixed income generally benefitted from the stock sell off across the board.

  • Foreign Bonds and Emerging Market Bonds both inched up.
  • High Yield showed almost no action
  • All other benchmarks moved up.

Our tip for current market activity is stay calm and expect volatility in the market through the mid-term congressional election. We continue to see strong prospects for expansion moving into the end of the year.

Have a great weekend!

Indexes are listed in respective order to their reference above: MSCI EAFE NR USD; FTSE NAREIT All Equity REITs TR; DJ Gbl Ex US Select REIT TR USD; MSCI EAFE NR USD; MSCI EM NR USD; Citi WGBI NonUSD USD; Barclays EM TR USD; Barclays US Corporate High Yield TR USD. These materials have been prepared solely for informational purposes based upon data generally available to the public from sources believed to be reliable. All performance references are to benchmark indexes. Performance of specific funds will vary from respective benchmarks. Past performance is not an assurance of future results. Each index cited is provided to illustrate market trends for various asset classes. It is not possible to invest directly in an index.