Market Update
April Showers Bring Pain To Portfolios
In order to properly review the portfolio over the first four months of the year, I want to set the table in terms of where global markets are to start the year. For context, the S&P 500 declined -12.60% over the first four months of the year. The last time the S&P 500 started off this poorly was in 1939. Yes, read that again. 1939 – the start of World War 2.