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In the 2nd quarter of 2017, the U.S. stock market continued to advance modestly, supported by a medley of positive economic data. Improved corporate earnings and job growth have provided a foundation for continued market momentum. Healthcare and Technology have been the leading sectors thus far in 2017.
A pro-economic political agenda may further support market increases, although the timing of proposed legislation remains unclear.
International markets have begun to look attractive, with improving economic conditions and cheaper stock prices relative to the U.S., particularly in Europe. As conditions continue to improve, these stocks may be poised for a rebound in 2017 and beyond. We continue to monitor how these opportunities can add value to your portfolios.
If you have any questions about your portfolio, or if you wish to schedule an appointment, please do not hesitate to reach out to us via email or by calling us at (717) 761-2040. We thank you for your continued loyalty and friendship, and we hope to see you soon!
Matthew A. Stout, AWMA®
Marc E. Bowman
4999 Louise Drive Suite 301, Mechanicsburg, PA 17055