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Archived - Markets Update: First Quarter 2015
Returns were generally positive across markets in the first quarter and the strong performance in international markets was a nice change to see. The primary driver of performance at home and abroad continued to be the direct and indirect actions of central banks. The current degree of Federal Reserve watching and forecasting is reminiscent of the Alan Greenspan years when market participants attempted to guess policy decisions by studying the thickness of his briefcase prior to meetings.
