2017 was another strong year for equities as economies around the world remained in a synchronized global expansion. Despite geopolitical risks and tighter monetary policy, volatility remained near historic lows and markets continued to steadily rise. Momentum performed particularly well in 2017 as large-cap tech stocks repeatedly pulled this market to new highs.
Given the backdrop of this quarter’s market review, we would like to open by acknowledging and paying our respects to the people, families, states, and countries affected by the numerous natural disasters that occurred during the third quarter of 2017. Symmetry’s unwavering dedication to our clients is echoed in our support for those affected by these events.
Market Commentary: Q2 2017
Market Commentary: Q1 2017
2016: Forecasts Foiled Again
Election drama, a Brexit storm and uncertainty surrounding the Fed all did nothing to thwart markets this year, as U.S. stocks continued their march skyward. Small caps in particular had a banner year in 2016, while value paid off substantially as well.