FYI: The third quarter was quite eventful for markets. In the U.S., the S&P 500 went from being barely in the green for the year at the end of June to record highs in September. In contrast, emerging markets, which were already down substantially midyear, sagged even more during Q3.
Meanwhile, on the interest rate front, U.S. Treasury yields clawed their way up from close to their low point of 2018 in June to nearly their highest level of the year in September. The 10-year U.S. Treasury has been holding above 3% and stands at 3.06%
With a quarter to go in 2018, the year thus far can best be characterized as uneven for markets. Strong economic fundamentals underpin stocks in the U.S., while trade and rising interest rate jitters keep international equities in check.
Regards,
Ted
https://www.etf.com/sections/features-and-news/top-performing-etfs-year-0?nopaging=1
