A few short-lived bursts of volatility in August, caused by North Korean provocation and two devastating hurricanes, represented only a brief pause in third quarter market momentum. The S&P 500 index closed at 2,519 at quarter end, posting a 4.5% total return for Q3 and bringing 2017 year-to-date gains to 14.2%. Accelerating domestic earnings growth, […]
Volatility was surprisingly low in the second quarter of 2017 as a global economic recovery, accelerating domestic earnings growth, and continued optimism regarding President Trump’s pro-growth plans fueled a steady march to new all-time market highs. The S&P 500 index closed at 2,423 on June 30, posting a 3.1% total return for Q2. In the […]