Q2 Review: The Merits of Benchmark Risk
Broad equity indexes were essentially flat in the second quarter; the S&P 500 Index (large caps), the Russell 2000 Index (small caps), and the MSCI EAFE Index (international stocks) all advanced less than 1%.
1st Quarter 2015 Review: Growth beats Value, International beats Domestic, and Small Cap beats Large Cap
Despite some domestic economic headwinds, Euro-zone tension following January Greek elections, and expectations that the US Federal Reserve (the ‘Fed’) is ready to start raising short-term rates, the US stock market as measured by the S&P 500 managed to eke out a small 1% gain during this year’s first quarter.