Market Review for Year-End 2017
The Positive Momentum for Global Markets
As the yearly returns can attest this year has been something rarely seen, SIMULTANEOUS GLOBAL GROWTH. The economic numbers from around the world have been steady as the result of monetary stimulus taking hold and elevating the markets. Not surprisingly, equities have been the place to be, because with new money being pushed into the market (quantitative easing) and zero or negative interest rates (guaranteed losing return); where else could you get a return on your investment?