You are going to be talking to your clients his week and early after the new year and telling them to reflect on what has been a difficult year even for longterm investors. What are you going to tell them . If you look at this year, we had two referendums, u. K. And italy which threw out two heads of state. We had 40 different elections. We had a huge election here in the united states. All sorts of concern and pressure on the market. Yet we are basically where strategists thought we would be at the independent of the year. We are up 10 . If you want to look at what happened in 2016, you have to look back to 2015. Oil prices and china drove 2015. We had a supply side correction. We had a lot of production primarily driven by opec and saudi not cutting. We saw a situation where oil prices dropped below 30. And we saw china initiate a hard landing. They cut back only corruption and lending. They let their currency devalue and that created an industrial recession spipt went through 2016 i
You are going to be talking to your clients his week and early after the new year and telling them to reflect on what has been a difficult year even for longterm investors. What are you going to tell them . If you look at this year, we had two referendums, u. K. And italy which threw out two heads of state. We had 40 different elections. We had a huge election here in the united states. All sorts of concern and pressure on the market. Yet we are basically where strategists thought we would be at the independent of the year. We are up 10 . If you want to look at what happened in 2016, you have to look back to 2015. Oil prices and china drove 2015. We had a supply side correction. We had a lot of production primarily driven by opec and saudi not cutting. We saw a situation where oil prices dropped below 30. And we saw china initiate a hard landing. They cut back only corruption and lending. They let their currency devalue and that created an industrial recession spipt went through 2016 i
You are going to be talking to your clients his week and early after the new year and telling them to reflect on what has been a difficult year even for longterm investors. What are you going to tell them . If you look at this year, we had two referendums, u. K. And italy which threw out two heads of state. We had 40 different elections. We had a huge election here in the united states. All sorts of concern and pressure on the market. Yet we are basically where strategists thought we would be at the independent of the year. We are up 10 . If you want to look at what happened in 2016, you have to look back to 2015. Oil prices and china drove 2015. We had a supply side correction. We had a lot of production primarily driven by opec and saudi not cutting. We saw a situation where oil prices dropped below 30. And we saw china initiate a hard landing. They cut back only corruption and lending. They let their currency devalue and that created an industrial recession spipt went through 2016 i
You are going to be talking to your clients his week and early after the new year and telling them to reflect on what has been a difficult year even for longterm investors. What are you going to tell them . If you look at this year, we had two referendums, u. K. And italy which threw out two heads of state. We had 40 different elections. We had a huge election here in the united states. All sorts of concern and pressure on the market. Yet we are basically where strategists thought we would be at the independent of the year. We are up 10 . If you want to look at what happened in 2016, you have to look back to 2015. Oil prices and china drove 2015. We had a supply side correction. We had a lot of production primarily driven by opec and saudi not cutting. We saw a situation where oil prices dropped below 30. And we saw china initiate a hard landing. They cut back only corruption and lending. They let their currency devalue and that created an industrial recession spipt went through 2016 i
You are going to be talking to your clients his week and early after the new year and telling them to reflect on what has been a difficult year even for longterm investors. What are you going to tell them . If you look at this year, we had two referendums, u. K. And italy which threw out two heads of state. We had 40 different elections. We had a huge election here in the united states. All sorts of concern and pressure on the market. Yet we are basically where strategists thought we would be at the independent of the year. We are up 10 . If you want to look at what happened in 2016, you have to look back to 2015. Oil prices and china drove 2015. We had a supply side correction. We had a lot of production primarily driven by opec and saudi not cutting. We saw a situation where oil prices dropped below 30. And we saw china initiate a hard landing. They cut back only corruption and lending. They let their currency devalue and that created an industrial recession spipt went through 2016 i