Year-End 2016 Investment Commentary - AdvisorIntelligence
Global stocks performed well both in absolute terms and relative to core bonds this year, with U.S. stocks again taking the lead. Large-cap stocks (Vanguard 500 Index) gained 11.8% and small-cap stocks (iShares Russell 2000 ETF) surged 21.6%. (This marked the eighth straight year the large-cap S&P 500 Index had a positive return. ................
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