As the First Quarter of 2019 ended and company earnings reports, and economic reports as well, began to cross the wires during the month of April, an existing ebullient mood in the financial markets grew stronger. Surprisingly strong earnings performance and robust economic growth had investors feeling like nothing could stop the rebound from Fourth Quarter 2018 woes.
In April, stocks continued what has been called "The Everything Rally." Indeed, nearly all broad categories of domestic and international equity markets posted strong returns for the month. May, however, has been a different story. This month has been a turbulent reminder that many different crosscurrents can affect markets, equity markets in particular, no matter the underlying fundamentals.
For an in-depth look at where we've been so far in 2019 and where we could be headed for the rest of the year, download our complimentary whitepaper.
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