Don the party hat and line up those resolutions, because it’s nearly curtains for 2017 and this blazing stock market.
“This is one of the greatest rallies any investor generation has experienced over the last 100 years,” tweeted out The Atlas Investors’s Tiho Brkan on Friday. “Lowest intra-year drawdown, strong total return and very low volatility stacks it next to the great 1995.”
Yep, plenty are singing the praises of markets as the year winds down. World stocks have risen every single month this year, while the S&P 500 has a nearly pristine record as well for 2017, with an annual gain that will be the best since 2013. Is it cheap? Not really, say some. Are investors a bit too excited? Maybe, say others.
