The Family Firm Blog

4th Quarter of 2017 in Review

Stock markets continued their remarkable rise during the fourth quarter. Stocks rose every month, and, in fact, have risen for 14 straight months through year-end. Volatility remains eerily low. Virtually every sector and geographic region had positive results. Bonds gained value in December and ended the period with a small positive return. The global economic recovery gained strength and the Fed raised short-term rates again. A large corporate tax cut was signed in late December, and this provided further impetus to the stock market rally.

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