After what was a long and stubborn CT winter, then a spring with very limited weather improvement, it seems summer is finally with us. So much so, that CT has already had an official heat wave in late June. All our surroundings here in Goshen are lush and green. I hope you all are enjoying the weather and surroundings as much as we are. Have fun, stay safe.
We attended the 20th annual Warner Theatre Gala in May, and as always, had a great time. This event is the biggest fundraiser for the Warner Theatre and it is planned, attended, and executed almost to perfection. Every detail is addressed, and all in attendance are made to feel special. As in years past, Barron Financial was a sponsor of the event, and our not-so-new advisor, John, and his wife, Marissa, joined our table. The auctions were exciting, though I admittedly got a bit carried away with bidding. No worry, all for a great cause. To learn more about the Warner Theatre, visit www.warnertheatre.org.
Last Quarter Round Up
The second quarter of 2018 was a mixed bag of market results. The U.S. took the lead as the S&P 500 rose +3.43% for the quarter. International stock markets didn’t fare as well, down –1.07% and the emerging markets were hit hard, down -7.83%. Bonds were down slightly at -0.16%, but short-term U.S. treasuries were up +0.43%. Tactical portfolios did well due to exposure to U.S. investments. Momentum shifted during the quarter from global to U.S. investments, though the signal didn’t come until June.