The US market enjoyed
nice tailwinds from (potentially) once - off factors — Trump / GOP tax cuts & a significantly weaker currency (dollar down almost 10 %).
And not just as a counterweight to more volatile equities — the steady decline in interest rates since the 1980s caused bond prices to rise, giving their holders» RRSPs
a nice tailwind.
Business Developed market wireless subscriber growth appears to have stalled, but developing markets are growing rapidly and in many cases, the entire telecom infrastructure is wireless, providing
a nice tailwind for Aviat.
It's easy to do when the market provides
a nice tailwind but much harder when headwinds blow.
[Granted, the weak dollar added
a nice tailwind].