Year-to-Date Market Update
What a difference a day makes, or, at least, a calendar quarter. As everyone knows by now, last year was a good year for U.S. stocks and a not so good year for foreign stocks (at least, for those of us who are dollar investors). The first quarter of this year, however, has seen a distinct reversal in that situation as you can see from the chart below. The returns are year-to-date through March 25, with US funds in light green and international funds in dark green.