by Dan Zalipski, CFA & Scott Rosenquist, CFA
Equities here and abroad continued their march higher over the past month backed by strong earnings and solid economic reports. Returns were especially strong with smaller companies who stand to benefit from potential tax reform. The small company index, measured by the Russell 2000, was up about 4.7% over the past month. Emerging markets also performed well, with the Emerging Market index adding about 2% over the past month.