The Quarterly Market Review is now available.
This report features world capital market performance and a timeline of events for the past quarter. It begins with a global overview, then features the returns of stock and bond assets classes in the US and international markets.
The report also illustrates the impact of globally diversified portfolios and features a quarterly topic.
This quarter’s topic – “All-Time-High Anxiety” – is written by Weston Wellington, one of DFA’s legendary writers and one of my personal favorites; it addresses the oft-asked question “Is it a good time to buy when markets are at an all-time high?” Weston reminds us that, “If stocks have a positive expected return, reaching record highs with some frequency is exactly the outcome we would expect.” Check out Page 16 to read the full article!