Volatility: Better Get Used To It

In December and January we wrote a market outlook that named 2018 as the “Year of the Bond Market” based upon our view that interest rates would rise more than

Spruce Index Returns September 2018

September saw wide dispersion in returns with gains in Japan, S&P 500, U.K. and Developed International stocks up +5.68%, +0.57%, +1.05%, and +0.54% respectively while REITs, Small Caps, Real Estate

Spruce Index Returns August 2018

In the month of August global stocks rose a modest +0.79% but that did not reflect the significant dispersion in regional returns. The S&P 500 Index, powered by U.S. technology

Spruce Index Returns July 2018

In July, global equities posted more strong gains with the S&P 500 up +3.72% and global stocks up +3.02%. In the U.S. gains were led by Industrials +7.39%, MLPs +6.58%,