Worldwide:
Capital Markets Insights - Q4 2016
13 July 2017
Duff and Phelps
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Market conditions at the fourth quarter's outset largely
reflected expectations of continued (albeit modest) economic growth
and accommodative monetary policy. At mid quarter, the presidential
election portended a period of fiscal stimulus and tightening
monetary policy. Overall, the quarter witnessed a sharp rally in
equities, tightening credit spreads, a downturn in Treasury prices
and a strengthening of the U.S. dollar.
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