April 2017 Financial Markets Update image
Market Scorecard Monthly Commentary As in every other month this year, global stock markets continued their upward trajectory registering another 1-2% in additional gains. Whether you file taxes in April or file for extension, tax day came and went as it always does each year although there's hope that a revised tax plan from the new administration will jumpstart anemic economic growth in the US. Speaking of anemic growth, Q1 GDP was released and it was lackluster at best, registering just +.7% quarter over quarter (+1.9% year over year). There was a large divergence in Q1 GDP estimates due to the widely publicized divergence between hard and soft data (explained in March and February updates). Other noteworthy news that occurred during the ...
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