The fourth quarter of 2016 capped the end to a solid year for US equity returns. The quarter started off rocky with the S&P 500 Index falling each day from October 25 to November 4, the most consecutive losing sessions since 1980 as election uncertainty ran high. The market then rallied strongly into year-end on the back of strong economic data and optimism regarding the upcoming Republican administration. As we look into 2017, these are a few key topics and…

Yesterday, citizens of the United States unexpectedly voted for Donald Trump as our next President, and also left Republican majorities in both the Senate and House of Representatives. Markets around the world initially reacted very negatively last night with S&P 500 futures down as much as 5.7%. Losses have since moderated or even been erased following Trump’s gracious victory speech and Clinton’s concession, avoiding a contested election. Trump has been viewed negatively by the stock market in the past because…

Yesterday, citizens of the United Kingdom unexpectedly voted to become the first country to exit the European Union. Markets around the world have reacted very negatively as significant uncertainties now abound in Europe. This is a major event for the citizens of the UK, this is a major event for the remaining 27 members of the EU, but by itself, we believe this is not a major event for the global economy and should not alter your long-term investment strategy.…

In light of current market conditions, we have put together some brief thoughts below that will hopefully add some clarity and help answer questions that might exist. As always, if you would like further information regarding the current situation or how it impacts your portfolio, please don’t hesitate to call or email at any time. The recent market sell-off is primarily due to global growth concerns, in particular surrounding China. Recent metrics for the US, EU and Japan still point…