Now that tax season is behind us and Spring is in the air, let’s take a look at the first quarter of 2017 and the outlook going forward.
US stock markets got off to a great start in 2017 as both corporate earnings and economic data continued to improve. However, March was more volatile as President Trump was unable to pass a new healthcare bill to repeal and replace Obamacare. The inability to pass a new healthcare bill decreased hopes of a tax plan that would reduce both corporate and personal tax rates and bolster spending and growth to the US economy. Despite the March volatility, US stock indexes were still able to produce impressive returns of around 6% for the quarter. Continue reading “May 2017 Review & Outlook”