Why Does The S&P 500 Keep Breaking Records?

Published Wednesday, December 31, 1969 at: 2:00 PM EST

The International Monetary Fund, in its latest World Economic Outlook, revised its July estimate for world growth higher, to 3.7%. That's way up from 2016, when the world economy grew by 3.2%.

In July, the IMF estimated global GDP for 2017 would jump to 3.5%, and 3.6% in 2018. The latest revision bumped up the expected growth of the world economy to 3.6% in 2017 and 3.7% in 2018.

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This article was written by a veteran financial journalist based on data compiled and analyzed by independent economist, Fritz Meyer. While these are sources we believe to be reliable, the information is not intended to be used as financial advice without consulting a professional about your personal situation.

Indices are unmanaged and not available for direct investment. Investments with higher return potential carry greater risk for loss. Past performance is not an indicator of your future results.

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