Markets & Economy

The Economy: September 2018

THE ECONOMY: As of September 2018 

You may have missed, it given all the headlines surrounding various political distractions across the globe, but the third quarter turned out quite nicely for stock markets. The S&P 500 gained an impressive 7.71% and reached a new all-time high. International equities also posted positive performance, with the MSCI EAFE up 1.35%. Fixed income markets were relatively stable, as investors largely anticipated the Federal Reserve’s late September decision to raise its key interest rate for a third time this year.