Category: Economic Insight

Economic Insight

2018, A Return to Normalcy

Looking back, 2018 certainly felt like a roller coaster ride for investors.  After a fantastic nine year run where US stocks returned an annualized 15.44%, you can see why 2018’s results came as a surprise for many.  Coming off their 4th best year since 2000, domestic stocks, as measured by the Russell 3000, had their first calendar year decline since 2008.  The volatility in the equity markets seemed unusual given recent data, but in many ways 2018 provided a return to historical normalcy that we hadn’t seen yet this decade. 

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