Stock markets closed the month of April on an up note. International stocks took a big step forward and even bond funds moved up. In market sectors, health care and utilities continued up while telecommunications, financials and energy slid back a bit over the month. Year-to-date and one-year returns are very strong. Our diversified portfolios net of fees average returns are remarkably competitive with the stock market performance, with less risk. There are no signs yet that this bull market is turning.
Recent warm days have exploded color everywhere. Tulips and lilacs already replace fading forsythia and daffodils. The blossoms are exuberant – so full on every limb – there should be lots of fruit this year. Asparagus popped up over the weekend – the garden’s first veggie. Never too soon.