2017 was a year marked by a number of significant events, many of which were expected to pose substantial market risks.
As we turn to the New Year, we reflect on 2017, and some of our accomplishments.
Looking Back - November 2017
All three major indices finished November at all-time highs. Historically, November tends to kick off a six-month period that outperforms the prior six months. Over the past 22 years, domestic, international, and emerging markets stocks have all significantly outperformed from November through April. (Figure 1)1
Our behaviors produce the results we see in our lives.