1Q 2019 Market Letter

WE’RE GONNA PARTY LIKE IT’S YOUR BIRTHDAY

Having closed out 2018 with one of its worst quarterly showings since the financial crisis, the ongoing bull market in stocks celebrated its 10th birthday in Q1 by posting its strongest quarter since just after the start of the recovery back in 2009 (and its best 1st quarter in over 20 years), as a 24% rally (as of this writing) off the late-December lows has left the S&P 500 less than a percent shy of a new all-time high.

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