What a difference a year makes! At the start of 2016, investors were rather pessimistic and risk averse, preferring bonds to stocks. By the end of the year, they were quite optimistic and preferred stocks to bonds. In between, markets traveled a bumpy road.
This time of year is often spent reflecting on the events that shaped the prior year, and looking forward to the year ahead. Here we’ll take a quick look back at 2016 and outline our thoughts on what we may see in 2017.
Missed it by that much…
Missed it by that much…
The Federal Reserve put a hitch in the markets’ giddy-up last week.
December is here and for many families this is a time to think about planned giving. There are many options when deciding how to contribute. Exploring different methods may allow donors to try to maximize their giving benefiting both donor and charity.
Dad: “Fra-gee-lay” …it must be Italian!
Mom: I think that says “fragile,” honey.
Dad: Oh, yeah.
Flirting with higher interest rates.
Last week, yields on 10-year Treasury bonds rose to a 17-month high of 2.44 percent, reported The Wall Street Journal, before retreating to finish the week at about 2.4 percent.
The Markets
It’s a myth!
According to WebMD, the amino acid L-Tryptophan is not responsible for Americans’ post-Thanksgiving food coma. The real culprit is overeating. So, last week’s post-feast sleepiness can be blamed on big appetites.
Investors also indulged their appetite for risk last week. Barron’s reported:
This time it’s the end. Really. Possibly.
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