We are officially one-quarter through the year 2017, and it’s certainly been eventful. Time has flown by. The DOW hit 20,000 then 21,000 for the first time ever. Importantly, earnings growth and an accelerating global economy have been the primary drivers of this rally. The anticipation of pro-growth policies like Tax reform and looser regulation are the sweeteners. Business cycles are the biggest drivers of Markets not politics. The foundation for this Market remains strong.
To download the complete Bedell Frazier Spring Newsletter, please click here.