Everyone at BFA is, and I am sure that you are also grateful for a fantastic year in the stock market in 2017! Let’s hope the momentum continues. We would love to continue to stay on offense. As always, we are poised to switch to defense when it is necessary. The market is still extremely overvalued, but that doesn’t mean that the momentum can’t continue. Currently, market breadth and momentum are still strong, so no warning signs are blinking. We all know that this can change quickly, so we are ready.
It was also a great year for the non-profit organizations that we work with and support. A tremendous amount of progress has been made. While we are blessed to have so much positivity around us, there is still SO much more work to be done. We will continue to work with and support these organizations in 2018.
We want to thank our clients for their continued belief in us. Thank you so much for your trust and confidence.
Happy New Year! Best wishes for a healthy and prosperous (however you define) 2018!
