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Economic and Market Outlook: Q4 2017

Equity markets ended 2017 on a high note as most major stock indices posted strong returns. As we enter 2018, we continue to see synchronized global economic growth, healthy corporate profits and a still accommodative interest rate environment. These conditions should still support equity markets in 2018, although returns will likely not be as generous as last year. Interest rates continue to creep upwards, which presents a challenge for fixed income investments. At this time, we continue to believe equities will outperform fixed income.”