- Oil and Gold performed well in quarter 1, and could still be good buying opportunities.
- Large cap American stocks may have gotten hit with trade news recently, but look past the short-term noise.
- Small caps outperformed mid and large caps.
After being mostly absent in 2017, volatility has made a comeback. The S&P 500 Index closed down for the first three months of 2018—the first time it’s done so in 10 quarters. It also had its worst start to April since 1929. Gold performed as expected during the quarter, serving as a safe haven and delivering positive returns, while the price of oil surged more than 5 percent on U.S. dollar weakness and news that OPEC and Russia could be cooperating to limit output for a long period.
