Even with all the craziness going on in the world right now, the S&P 500 put up some very solid performance in the 2nd quarter. The price change in the market was 2.74% in the quarter, which brings the year-to-date appreciation through the end of the quarter to 8.27%.
This appreciation in the market was achieved despite a little more volatility in the market, as compared to the 1st quarter. But, nevertheless, nice gains were made.
Looking ahead, there are plenty of things that could make the markets jump around; Congressional stumbles, Presidential faux pas, North Korean antics. But on a fundamental basis, things do look pretty promising. I flesh out the “pretty promising” comment in more detail in the “Signal Through the Noise” article.
As always, the market can throw us curveballs from time to time and we are always on alert for that possibility.
Please click on the link below for the full report.