The first quarter of 2020 started with record stock market highs and then a steep decline due to the worldwide COVID-19 pandemic. While the US and international stock markets are down sharply for the quarter, both the domestic and global bond markets are up from the beginning of the year. For those near, or in retirement, the merits of a balanced portfolio become quite evident in times such as these.
Here we present you with the 2020 First Quarter Market Review. The linked report details the performance of the various stock and bond asset classes and shows the effect of a diversified portfolio maintained over a longer period of time.