Jonathan Masse Articles

Global Market Commentary October 2021

Global Market Commentary October 2021

Global Equities traded at all-time highs this month; the MSCI All-Country World Index gained 5.10% in October to bring returns to 16.79% so far in 2021. U.S. large-cap stocks drove returns as the S&P 500 and Nasdaq 100 finished out October at all-time highs,...

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Global Market Commentary September 2021

Global Market Commentary September 2021

Global Equities fell -4.13% in September as rising rates, inflation fears and concerns about the Chinese property market shook investors. After a rough month, the MSCI All Country World Index (AWCI) slipped -1.05% during the quarter but remains up 11.12% YTD. In the...

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Global Market Commentary August 2021

Global Market Commentary August 2021

Global Equities gained 2.50% to finish August at their all-time high and to bring YTD returns to 15.91%. In the US, the S&P 500 Index notched its 53rd record close in August, clinching its highest number of records in a calendar year. The US Large Cap stock...

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Global Market Commentary July 2021

Global Market Commentary July 2021

Global Equities advanced 0.69% in July to bring YTD gains to 13.08%. US stocks comprise more than 58% of the MSCI ACWI (All Country World Index), and the S&P 500 climbed 2.27% in July to mark its sixth straight monthly gain ā€“its longest win streak since 2018....

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Global Market Commentary June 2021

Global Market Commentary June 2021

Global equities rose 1.36% in June to bring Q2 and YTD returns to 7.39% and 12.30% respectively. The U.S. comprises more than 58% of the MSCI ACWI All Country World Index ( ACWI), and the S&P 500 finished the first half of the year by notching its 33nd record...

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Global Market Commentary May 2021

Global Market Commentary May 2021

Global Equities finished May 2021 at an all-time high, as the MSCI ACWI (All Country World Index) gained 1.56% this month to bring YTD returns to 10.84%. In the US, the rapidly expanding economy continued to gain steam, yet markets traded mixed in the wake of more...

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Global Market Commentary April 2021

Global Market Commentary April 2021

Global Equities reached an all-time high on April 29th, and the MSCI ACWI (All Country World Index) finished April up 4.37% to bring YTD returns to 9.14% in 2021. The S&P 500 posted notched its fourth consecutive positive month and its best monthly return since...

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Global Market Commentary March 2021

Global Market Commentary March 2021

The S&P 500 closed the first quarter at a record high, climbing 4.42% in March. That brought YTD returns to 5.77%, ahead of President Joe Bidenā€™s unveiling of a $2.25 trillion infrastructure and stimulus spending program after the trading close on March 31st. The...

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Global Market Commentary February 2021

Global Market Commentary February 2021

A runup in interest rates cooled a rally in global stocks this month. The MSCI All-Country World Index (ACWI) hit an all-time high on February 16 and was up over 6.60% mid-month, only to finish February with a more modest 2.32% gain. Inflation worries heightened,...

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Global Market Commentary January 2021

Global Market Commentary January 2021

Global equities started the New Year strong, but then faltered by month's end. As of January 21, the MSCI All-Country World Index was up 3.75% for the month and making new all-time highs -- but then sold off and finished the month down 0.45%. In the U.S., the S&P...

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Global Market Commentary December 2020

Global Market Commentary December 2020

A chaotic 2020 came to a close with global equities climbing 4.64% in December. They ended the year up 16.25%, as the MSCI All-Country World Index (ACWI) finished at an all-time high. The three US bellwethers ā€” the S&P 500, Dow Jones, and Nasdaq ā€” also closed the...

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Global Market Commentary November 2020

Global Market Commentary November 2020

Global equities just experienced a November to remember: The MSCI All-Country World Index (ACWI) jumped 12.33% to record its best month since the index launched back in 1969, as investors rode a wave of upbeat news about impending COVID-19 vaccines. Two U.S....

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