Most of the world’s equity markets reached or neared all-time highs in 2017, as investors set aside concerns about politics and focused on the broadening global expansion. But many questions remained: Would markets continue climbing in 2018, or are we due for a correction? Is the U.S. priced for perfection? Have investors missed the rally in Europe and the developing world? Will rising rates derail the markets?
The unpredictable investment climate left no shortage of topics to discuss as investors looked to optimize their portfolios. Here’s a look back at five of our most-read articles for 2017.
U.S. stock market valuations have climbed steadily in recent years and have approached levels not seen in nearly a decade. These elevated levels have raised concerns over whether U.S. stocks can live up to their valuations. Equity portfolio manager Greg Johnson suggested U.S. equity markets may be priced for perfection, but was cautious, noting that volatility has been low and earnings quality has arguably not been the best.