Through the end of April, equity markets logged a fourth consecutive monthly gain to start the year, with major indexes recovering to levels last seen prior to the 2018 Q4 selloff. The Russell 3000 Index, used to measure the broad performance of US stocks, gained +4.0% in April and is up +18.6% year-to-date. International stocks advanced +2.6% on the month for a +13.2% gain YTD, per the MSCI ACWI ex-US Index. On the fixed income side, the Bloomberg Barclays US Aggregate Bond Index was flat on the month and is up +3.0% YTD. A balanced portfolio, comprised of 60% in global equities and 40% in fixed income, would have gained +2.1% in April for a +11.0% performance YTD.