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FYI: After the prior week’s relative “fireworks”, last week returned to the action we’ve seen much of 2017 – relative calm with an upward skew. Very minor losses Monday and Friday book-ended 3 days of gains, with Tuesday being the one day where indexes moved significantly in any direction. The S&P 500 gained 0.80% for the week and 5.5% for quarter 1. Tuesday’s gains were buoyed by news consumer confidence in March soared to the highest level in more than 16 years, and U.S. house prices jumped to their highest in nearly three years.
