Market Insights: Review of markets over the first quarter 2017Contributor Global Markets Insights Strategy Team
February might be a few days shorter than other months, but it was just as packed—if not more so—with economic releases and market movers, equity indices across the globe hit record highs, the US Federal Reserve’s (the Fed’s) interest rate-hike expectations were notably higher, and the political obstacle courses on both sides of the Atlantic provided a steady stream of headlines for investors to digest.
Exhibit 1: Asset class and style returns (local currency)
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