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The financial crisis officially came to an end in 2017—and 2018 is off to a rousing start.
In 2017, interest rates rose three times and, after a slow start, the economy picked up steam as the stock market reached historic highs. In 2018, with the passage of major tax overhaul legislation that could impact consumer and business income and equities, the U.S. and world economies are expected to continue to grow.
In our 2017 year-end review, Broadridge reviews the markets, including equities, bonds, oil, interest rates, currencies and gold, and the economy, including employment, GDP, inflation and consumer spending, housing, manufacturing, trade and international markets, through November. We also provide a view to the year ahead with promising economic growth under a shadow of political unrest.