Our friends at Dimensional Fund Advisors graciously provide us with a robust and detailed review of the world capital market performance. Attached is their Quarterly Market Review. The report includes: a global overview, timeline of events, and the returns of asset classes in both US and international markets. Also included are returns for globally diversified index portfolios for a number of different global stock/bond mixes, highlighting the benefits of diversification.
On the last page is an instructive essay on “The Art of Letting Go” as it applies to successful investing.
For readers who want to look more deeply under the hood, this is a comprehensive, yet accessible, review.
