Market update: DECEMBER 2016
Review of 2016, outlook for 2017 – looking better despite the political noise.
2016 was a messy, but OK year. US share market analyst Joe Granville once observed that “if it’s obvious, it’s obviously wrong”. 2016 was perhaps remarkable for the things that many thought were obvious at the start of the year but did not happen.
This update takes us back through 2016 and looks at what was predicted vs what actually happened. It looks at the investment returns for each major asset class and then provides a prediction for 2017.
Please don’t hesitate to call us if you’d like to discuss your own financial situation.