Following up on my 1st Quarter Client Note, I am providing a more robust and detailed review of the world capital market performance, graciously provided by our friends at Dimensional Fund Advisors. Attached is their Quarterly Market Review. The report includes: a global overview, timeline of events, and the returns of asset classes in both US and international markets. Also included are returns for globally diversified index portfolios for a number of different global stock/bond mixes, highlighting the benefits of diversification.
For readers who want to look more deeply under the hood, this is a comprehensive, yet accessible, review.