With a backdrop of political headlines and strong economic data, most asset classes posted positive results for the first three months of 2017.  What we found most interesting though was the change in leadership from the end of 2016.  Areas of the markets which led the markets immediately after Trump’s election lagged in the first quarter, while areas which did not perform as well in November and December of 2016 were the market leaders in the 1st quarter of 2017.