There weren't many reasons for the markets to go UP in 2016, but they did and, so far, continuing the trend in 2017. Once again, investors are reminded that it is near impossible to predict the short term markets OR to use the headlines as a guide for investing.
We still have a number of questions when one looks at the global picture, but the focus SEEMS to be circling back to the the economy, how will Trump's "next steps" will go, and what surprises loom. While the media seems to have mostly critical coverage of President Trump, the markets seem to have a "wait and see" view. . .and a general optimism. We saw a brief but overdue 10% correction in early 2015, but we have rebounded since. Questions and concerns remain, certainly, but each round of temporary negativity has been met with market resilience. I remain so interested to see how 2017 unfolds. Our Chief Strategist Jeffrey Saut and several others to whom we listen still believe that the benefit of the doubt is to the upside, though not without some risks.
Patience and positioning remain important weapons. With all the potential pitfalls in mind, we invest and strategize the way we know best -- with risk-management as our primary objective. We remain conservative in our overall strategy and are positioned to keep volatility minimized. The result of this pursuit is that we've been rewarded with very satisfying results over time. There are enough "gurus" out there attempting to predict the short-term market direction. We're satisfied to manage within what we do know along with preparing for multiple scenarios that might arise, since there really is no crystal ball.
Click <HERE> to follow the link to our Investment Strategy Quarterly and related media. This is a meaningful offering of access to some of Raymond James' insight and analysis. I encourage you to view it.
Good wishes to you as 2017 unfolds and, as always, THANKS for tuning in!
Our Mission Statement:
Our personal mission is to positively impact the financial lives of individuals, families, businesses, trusts and foundations whom we serve. A "strategy" is unique and specifically designed for each client. However, our primary objectives are to protect wealth first, and to grow it, second, where and when we can. . .applying the appropriate level of risk or risk-avoidance along the way. We assemble comprehensive Financial Plans and then implement them, monitor, and tweak them along life's path.
Our clients and others with whom we visit have achieved their wealth positions in different ways, but what they have accumulated is very important to them. We employ the necessary tactics and strategies to ensure we are accomplishing our goals we've established for each Client.
Past performance may not be indicative of future results. Investing involves risks including the possible loss of capital. The performance mentioned does not include transaction costs which would reduce an investor’s return. The S&P 500 is an unmanaged index of 500 widely held stocks. The NASDAQ Composite Index is an unmanaged index of all stocks traded on the NASDAQ over-the-counter market. Investments cannot be made directly in these indexes.