2018 Q1 Economic Update

The first quarter of 2018 opened like the previous 15 months with the S&P 500 continuing its uptrend, surging more than 5% and setting an all-time high on January 26th. February, however, was a different story. The index officially entered "correction" territory by falling more than 10%. March recovered then declined further. For the first time in three years, the S&P 500 posted a negative quarterly return of -0.8% (WSJ). Volatility is back. Read more here... Q1 Economic Update