Can Shifts in the Yield Curve be to Blame?
The Federal Tax Laws have recently been significantly reshaped and the changes affect us all.
The 2017 stock market delivered yet again with all the general benchmarks posting stunning gains (S&P 19.4%; DJIA 25.1%; NASDAQ 28.2%). Including dividends, it was the ninth consecutive year of positive returns.
The strong 2017 stock market was fairly broad-based with only two of the eleven S&P sectors (Energy and Telecom) declining for the year while six gained 18% or more.