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Originally Posted by Chicks
If you buy into the moronic idea that Donny had anything to do with last year’s stock market gains, which were almost as good as 2013 under Obama, then you will have to agree that Donny seriously underperformed vs foreign countries. Here are my results from Personal Capital for last year. Yes, I outperformed the S&P 500, thanks to my foreign holdings. No thanks whatsoever to Donny. But then an unemployed fool like you would have zero understanding of markets, obviously.
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Not terribly relevant: comparing a single sector's 12 month performance versus the S&P 500. The S&P 500 is made up of of stocks that represent a reasonable cross - section of the market. Not everyone only stock, or only S stocks in their portfolio, as you exemplify. In fact, prudent investors diversify across a number of markets / sectors to manage risk.
Glad that your portfolio did well. In the US, some markets did better than others in 2017. Same can be said nearly every year.
What is interesting about the US market's performance in 2017 is the speed of the run up in the marekt, coupled with the economic growth numbers for the year. Details are here:
https://www.thebalance.com/dow-jones...e-1929-3306174. Also, the economic growth through Q3 2017 was the fastest in 3 years. Both numbers are encouraging.
What's interesting to me is that US markets continue their bullish trend. Markets don't rise based on what happen today, yesterday or tomorrow. Stock rise against a long term view measured in weeks, months or years in the future depending on the market or commodity traded. So, the long term view is favorable, fueled by an environment of lower regulation and a more favorable tax outlook.