Posts made in January, 2019

2018 Q4: Are we in a recession or bear market?

Posted by on Jan 29, 2019 in MFA Quarterly Commentaries

There was no place to hide in 2018. Virtually every asset class around the globe had negative returns. In 2018, the U.S. total stock market was down -5.24% while both developed and emerging international markets were down a bit over -14%. Global real estate was down and -5.9% for the year. 1

Most of the pullback came during the last quarter of the year. From their 2018 peaks, and with much media fanfare, global markets approached or entered “bear market territory” (losses of 20% or more) during the worst December since the Great Depression.

Read More