The second quarter of 2018 showed the disconnection of global stock markets as US stocks shrugged off trade war talk and rose 3.89% on continued economic strength, while international markets posted declines (International Developed -0.75% and Emerging Markets -7.96%) as economic fundamentals slowed.
The standout during the quarter was US small cap stocks which continued to post new closing records (+7.75% in 2Q18). The strength behind small caps is based on the fact that these companies rely mostly on the domestic US economy and are little impacted by global trade spats.
For a full recap of how the quarter played out, we invite you to check out our Q2 quarterly market overview
If you’re interested in learning ways to prepare for market weakness, you can download our free report Lessons for the Next Crisis
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