The stock market is off to a great start as prices climbed for the second straight month in February. The 11.3% return experienced to date is the 5th strongest start to a year on record.

The bullishness was likely the result of promising US-China trade talks, a more dovish stance being communicated from the Federal Reserve and the end to the partial government shutdown. While the shutdown served to depress household and corporate sentiment in January, economic indexes such as the ISM Non-Manufacturing and other readings in February improved seeming to suggest the economic expansion remains intact.

During February, small cap stocks outperformed their large cap peers and growth outperformed value.

Notable Market and Economic Happenings:

Inspirational Thought for the Day:

“When you decide to become a means to an end, your money will become a means to an end also.” – Andy Stanley