What a Thriving Global Economy Means for Stocks
For the first time since the recession, all OECD-tracked countries are growing at the same time. And that presents opportunities.
Investors had a lot to be thankful for in 2017, including strong stock market returns--the S&P 500 was up more than 20% last year. But something else happened that was even more remarkable than a ninth straight year of stock market gains.
For the first time since the recession, all 45 countries tracked by the Organization for Economic Co-operation and Development enjoyed GDP growth. That includes Brazil and Russia, which had, until recently, been in a recession.
Bryan Borzykowski does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.