Markets in Rare Territory
Submitted by Integras Partners on October 24th, 2017
U.S. markets have been surprising this year, both for the magnitude of gains and the near absence of volatility. Through Sept 30th, the S&P 500 Index® gained 14%, compared to 20% for foreign stocks (as measured by the EAFE Index) and 28% for Emerging Markets. We have been outsized beneficiaries of several themes we mostly expect to continue into next year.