Mercer's Monthly Market summary provides an overview of global financial markets.
Since our last edition, Global equity markets continued to drift higher in April, led by growth and small cap stocks. The global economy has strengthened, reflecting the strongest and most synchronized growth since 2010 among developed and emerging markets. The IMF revised its 2017 growth forecast for the world economy to 3.5% from 3.4%. A strong start to first quarter earnings season and hopes that potential US tax reforms or cuts can pass in August drove near-term momentum.
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