Let’s start by looking at the returns of 5 big indexes this last quarter:
- BarCap US Agg Bond: +3.14%
- S&P 500: +14.24%
- Russell 2000: +10.94%
- MSCI EAFE (Europe): +19.96%
- MSCI EM (Emerging Markets): +27.78%
Investors who practice a globally diversified approach are being yielded some great results. This has always been our policy at Sloy, Dahl & Holst– even from 2010 to 2016 when nearly all international equity markets remained stagnant. The result is a better long-term reward, proving it does pay to be patient!
There were many great trends in the stock market this last quarter. Valuations remained fairly high, yet labor markets continued to tighten. Signs of wage growth were more apparent, and consumer and business confidence was noticeably high. Across the board, interest rates are at rock-bottom levels.
Overall, the 3rd quarter was highly successful. Those “all time high” headlines should continue over the next three months, ending the year on a good note.
We hope you enjoy the rest of the year and have a great holiday season. Please let us know if you have questions or if we can be of any help.
As always, thank you for your trust and confidence.
Sloy, Dahl & Holst, Inc.