2017 Has Been a Good Year for Investors Thus Far

Major asset classes have posted solid performances since the start of 2017. Foreign stock markets did particularly well, having benefited from a weaker greenback. Strong growth in profits is promising for the stock market outlook. The Canadian stock market has underperformed in the last few months, but some catch-up now appears likely. The bond market continued to show remarkable resilience in the first half of 2017, but the next few months could be more difficult for this asset class.