Cowan Asset Management—2018 Markets in Review
What a difference a year makes. Twelve months ago, the S&P 500 index was in the midst of one of its best-ever runs. And it went on this run while realizing very little volatility. It seemed that with each passing day, investors could count on the index to increase by a few more points, just like clockwork.
Cowan Asset Management highlights the notable market moments from this past year—rising interest rates, asset prices dropping, amidst broader concerns about a global trade war.