The global economy continued to grind slowly forward in November 2015 as investors keep their eye on the Federal Reserve and its interest rate decision.
2015 was a challenging year for most investors and served as a reminder of the benefits of diversification, even though it doesn’t protect against loss.
The October Markets in Perspective reveals strategists’ expectations of market volatility when the Fed eventually raises interest rates.
Here are the top three market themes affecting positioning and performance last month from some of our experts, including our CIOs (Chief Investment Officers) across Russell Investments.
Volatility returned, China weakness dominated markets, and a flight to safety resulted in a downer of a month.
July was generally positive across the board for broad asset classes, save for commodities and emerging markets. A balanced portfolio still shows positive returns for the month, YTD and 12 months ending July 31, 2015.
While June was negative across the board for broad asset classes, a stronger April and May led to positive returns for equities and commodities for the quarter.