Global markets ended the year 2017 with a gain of almost 20% and FTSE STI was up 18.13% for the same period.  It was nevertheless a very good year for global stock markets with many believe the bull market since 2009 recovery of the GFC was back and expecting more good years ahead.

Recap
As mentioned in Recap 2016 & Looking Ahead 2017, 2017 was all about execution and how markets react to those.  US Fed did what was being projected to do in end of 2016 that was to hike rate 3 times so nothing surprise about it and markets reacted well for those execution.  UK also manged to strike a deal with other EU nations on the Brexit.  However, what US President and its lawmakers did were rather a little missing the expectation in term of expectation.  The healthcare plan that …