Happy new year!
For the 4th quarter of 2017 the S&P 500 and Nasdaq Composite soared 6.12%* & 6.27%* respectively and capped off a brilliant year with gains of 19.42%* for the S&P500 and 28.24%* for the Nasdaq Composite! (* percentages listed without dividends)
To say that that many investors have embraced the vision of “making America great again” would be an understatement. Even in the face of higher interest rates and the ongoing tensions with North Korea, investors from all over the world continued to pour money into the US stock market. During the quarter, our markets were not the only ones to have benefited as economies all around the world caught fire and saw their stocks advance as a result of renewed global business optimism.
Remember to keep checking our “Current Market Outlook” section to stay up to date on how the market progresses in 2018.
All of us at TPM wish you and your family a healthy and prosperous new year!
Have a Triumphant day!®
Where Are Woodward and Bernstein When We Need Them? This article was written by Newt