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U.S. Stocks Slip At End Of Strong Year

FYI: U.S. stocks posted exceptional gains in 2017. For the first time since 2012, international equities did even better.

Global stock benchmarks have surged to multiyear or record highs this year, boosted by a rally in shares of technology companies, a synchronized pickup in growth around the world and unexpectedly benign inflation readings that have kept central bank policy ultraloose. Expectations for lower taxes have also helped fuel the rally in U.S. stocks, sending the Dow Jones Industrial Average to 71 record closes, the most in a calendar year, and its best year since 2013.

The MSCI ACWI ex-USA Index, which tracks non-U.S. companies across developed and emerging markets, ended 2017 with a gain of 24%, compared with a 19% advance for the S&P 500.
Regards,
Ted
http://www.cetusnews.com/business/World-Stocks-Poised-to-Beat-the-S-P-500-This-Year.HyNaYHXQXG.html
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