As we had expected, 2017 turned out to be a very positive year for the financial markets. We experienced what has been described as a period of “synchronized global growth.” This has resulted in positive returns in all of the major asset classes and double digit returns in all of the major equity classes. Europe has continued its recovery while the Emerging Markets led the way with a 37.8% return. I’m sure everyone is wondering whether these positive returns can continue in 2018.
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