Thu, 18 January 2018
The market is off to an amazing start as the Dow hits 26,000 and sees its fastest 1,000 point rise ever. Are we dreaming or is this reality?
Last year was remarkable not only because market expectations were low and US leadership was less than desirable, but also because US equities consistency delivered positive returns. Typically we have an intra-year drawdown of 14%; in 2017 the maximum was around 3%. Are these numbers real or just based on corporate tax cut projections? Other topics include:
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