Reflecting back on 3rd quarter asset class performance, disappointments were few and far between. Stocks provided solid returns across the globe, as domestic and global bonds inched forward. Real estate’s climb paused and commodities retraced earlier gains. Investors welcomed the mostly upward trend as last quarter ended with volatility surrounding Brexit. For the year, major asset classes are all in the green as we head into the final quarter of the year.
Themes to watch in the 4th Quarter: (1) Fed/interest rates, and (2) the Presidential election.