The Artifex Navigator

Third Quarter Market Comment

October 7, 2019

Global equities opened the third quarter of 2019 amid a sharp selloff, followed by an extended period of advances and declines within a wide trading range, a sustained rally to near all-time highs and finally, late in the period, a moderate decline. At the close of the quarter, net results were mixed with most domestic indexes posting small gains. International and Emerging Markets issues finished modestly lower, pressured by slowing economies and US dollar appreciation.

 Every day we have just 24 hours to accomplish it all. And, every day we make hundreds of decisions to parse out those 24 hours. The US Bureau of Labor Statistics in its American Time Use Survey examines just how Americans divvy up their time with input gathered from over 180,000 interviewees aged 15 and older. The survey yields unique insight into"how, where, and with whom Americans spend their time”. Following are a few "how" highlights from the 2016 survey: