Market Commentary - December 2017

RECORD SETTER

The strength of equity performance this past year has been phenomenal, and the fourth quarter was no exception. After rising by just over 12% through September, the S&P 500 continued its advance with an additional 6% gain in the final quarter of 2017, bringing the full year gain to 19.4%. Impressively, the S&P 500 has been positive for nine consecutive months, and has not incurred a 2.5% pullback since the presidential election.

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