In the first two week of October 2018, we have seen a fairly rapid decline in market values. At the time of this writing, the S&P 500 has declined about 6.2% during the month of October with developed international equities performing in a similar fashion and emerging market equities performing worse. Ostensibly, it is valuations, rising interest rates and trade tariffs that are to blame.Â We added â€œdÃ©jÃ vu all over againâ€ to the title, because we were in a similar situation as our February 2018 newsletter.Â Read more.
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