Market Outlook

Q2-2017 Global Markets Reviews & Outlook


Global markets continued their rise in Q2, with the MSCI All Country World Index (ACWI) adding another 4.3% - bringing year to date returns to 11.5%.i Non-US stocks again outperformed, with European stocks faring particularly well. We see 2017’s back half as amplifying early-year trends, and all seems on track for a great 2017 led by non-US stocks.

iSource: FactSet as of 07/07/2017. MSCI All Country World Index return with net dividends, 03/31/2017 - 06/30/2017 and 12/30/2016 - 06/30/2017.

Q1-2017 Global Markets Reviews & Outlook


Global markets continued rallying in the first quarter of 2017 with the MSCI All Country World Index returning 6.9%.i We believe the strength in Q1 is a continuation of the trend that started last year, an initial surge as this bull market enters its final third—typically an acceleration phase. This implies not only robust returns in 2017, but plenty of bull market ahead.

iSource: FactSet, as of 4/5/2017. MSCI All Country World Index returns with net dividends, 12/31/2016 – 3/31/2016.

*The foregoing information constitutes the views of Fisher Investments based on information believed to be reliable. There can be no assurances that Fisher Investments will continue to hold these views. These views may change at any time based on new information, analysis, or reconsideration.