Markets & Economy

The Economy: July 2017

THE ECONOMY: As of June 2017

After an impressive first six months of 2017, it is only natural for stock market investors to wonder if we’re due for some type of correction. But more often than not, strength in the year’s first half begets more strength in the second half. We have just a month of evidence, but this proved true in July, with most major markets recording further gains. The S&P 500 was up 2.06%, led by a number of good earnings reports. More impressive were markets outside of the U.S. International and Emerging Market equities that delivered gains of 2.88% and 5.96%, respectively.