Vestor Capital Quarterly Commentary
April 5, 2017
World equity indexes generally posted strong returns in the first quarter of 2017. Markets are already up to levels many market forecasters predicted for the end of the year. International indexes posted especially strong results. The best performing major market index was the Emerging Markets index which was up 11%, while the technology and biotechnology heavy NASDAQ composite index was up 10%. After strong gains in 2016, the U.S. Small Cap index is up only modestly in 2017.
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