Equity Markets
By Meredith StoudtPosted on April 4th, 2011
Equity Markets
Worldwide economic growth shrugged off daunting headlines and markets continued their expansion in the first quarter of 2011. U.S. Large Company stocks experienced their best quarterly performance since 1998!
Foreign markets grew as well, although volatility among different countries, regions, and time periods increased drastically due to worldwide events.
Fixed Income Markets
With the yields inching up slightly on bonds, high quality bonds faced headwinds this quarter. Lower credit, high yield bonds (aka “junk”) shared the same tailwinds that the equity markets did and continued their robust climb. It will be interesting to watch how bond yields react to the end of the Fed’s bond buying in June.