Investment Review – June 2018

June 12, 2018 Investment Review
  1. U.S. stock indices rallied in May, based on upbeat economic news and corporate profit growth. The Dow Jones Industrial Average gained 1.0%, the S&P 500 was up 2.2%, and the Nasdaq Composite gained 5.4%. International equity markets were higher. The MSCI Europe Australia Far East Index (EAFE) gained 0.7% and the MSCI Emerging Markets Index lost 2.8%.

  2. U.S. trade policy and its implications for global growth remains a focus and a risk for investors. The Trump administration’s announcement of tariffs on steel and aluminum imports from Canada, Mexico and the European Union have weighed on stocks in export–dependent countries. Risks to the markets include a policy error by the Federal Reserve, a global trade war, an economic slowdown in China and a military engagement.

key investment statistics june 2018

Sources: Bloomberg LLC, FactSetU.S. Commerce DepartmentBloomberg Businessweek, IHS

Disclosure: This commentary reflects the opinions of Welch & Forbes based on information that we believe to be reliable. It is intended for informational purposes only, and not to suggest any specific performance or results, nor should it be considered investment, financial, tax or other professional advice. It is not an offer or solicitation.

If you would like to receive your copy of the Economic Outlook and Investment Review monthly in the mail, call Ed Sullivan, Vice President, at 617-557-9800, or email him at

Make sure to bookmark our Perspectives webpage so you can stay up to date with the most recent weekly Welch & Forbes insights, announcements, and content. To receive our monthly email digest, simply enter your email address in the banner on this page.

Access your complimentary Wealth Planning Suite

wealth planning suite

Includes your Initial Consultation Portfolio X-Ray© Estate Plan Review Financial Plan

  • This field is for validation purposes and should be left unchanged.

*There is no fee for the Initial Consultation or Portfolio X-Ray© for prospective clients. Portfolio X-Ray© is a Morningstar product that Welch & Forbes maintains a license for its use. The Estate Plan Review and Financial Plan are provided only to clients.