What a difference a year can make. As discussed in the 2016 Fourth Quarter Market Overview it was less than one year ago that markets were in a mini melt-down due primarily to global economic concerns.
Complacency in investing rarely ends well. As strong as the last 12 months have been, it is important not to extrapolate and assume that such a trend will continue. In the cartoon below, that is clearly the “plan”.
Relative calm and near complacency dominated markets during the 2nd quarter. There was no shortage of drama geopolitically, but both stock and bond markets continued to yawn and move higher. There were also no big revelations economically, altho
In our new format each quarter, we will take a little deeper dive into a topic that is timely and interesting. We’re certainly open to suggestions on topics that you’d like to understand better or hear more about