S&P 500 Closes Strong First Quarter with a 6% Gain

Despite challenges, I still see plenty of reasons to be optimistic. Global economic growth is set to accelerate in 2017. Global GDP is expected to increase 2.7%, up from 2.3% in 2016. Same story with the US. GDP is expected to climb 2.1%, up from 1.6% in 2016. 2.1% growth is nothing to write home about. But it’s still safely in positive territory and tells me there will be no recession this year.