FBC Wall Street Week January 1, 2017
2017 bring in. Rob, if you just brought the s p 500, you got your 10 rate of return on stocks. What should the longterm investors go into next year reflect on . Dont panic. We started with a massive selloff, and mixed data at the end of the summer caused another selloff, albeit shorter. Brexit as well caused a selloff. I think the idea of focusing on fundamentals, looking beyond the immediate market noise and media noise, investors would have done well by doing that. The second thing i would say is dont confuse the base case with a done deal. Brexit markets priced in a stay. It surprised every...