August saw confirmation that the current US bull market is now the longest on record, having run for 3,453 days since it began in March 2009
Equity markets steered through a blizzard of corporate earnings announcements this month and emerged broadly in good shape, despite a disproportionate amount of comment directed at the lower guidance from Facebook.
After a tricky first quarter, most equity markets have had a better second quarter.
The last fortnight has seen the pound weaken, falling from $1.43 to $1.37
Much like the Easter weather, global stock markets closed the first quarter on a distinctly soggy note. The FTSE World Index lost 4.2% in total return terms over the three months period as measured in sterling.
The beginning of the month saw stockmarkets have their first wobble in a while, driven by the rise in global bond yields. In a sense, strong job numbers in the US and the ability of companies to pay their employees more should be a welcome feature.