FYI: Both U.S. and international markets show large gains for the week, indicating signs of strong domestic and global economies.
Financials continue to maintain their recent uptrend with President Trump expected to loosen banking regulations during his term.
Municipal bond funds have had over $9.3 billion in total outflows for the last four weeks, with fearful investors moving out of bond funds and the Fed expected to raise rates at this week’s meeting.
Regards,
Ted
http://mutualfunds.com/news/2016/12/15/mutual-funds-weekly-roundup-dec-15-2016/