Global equity markets suffered significant losses during the 4th quarter, which dragged down stock returns across the board for the full year. Our clients' portfolios, most of which include an allocation to bonds, declined somewhat less. Still, 2018 was unusual in that almost every major investment category experienced a negative total return. The exceptions were cash, [...]The post 4th Quarter Review: Tough Equity Markets appeared first on Bristlecone Value Partners, LLC.
