Market Commentary

Market Update - Positive Outlook for 2017

Well, it’s a new year with lots of anticipated change on the horizon. As a new presidential administration takes the reigns, we aim to educate and equip you in order to help maximize your profit potential and also to minimize the effect the scare-mongering news media may have on your investment strategy and, more importantly, your long-term goal plan. Take a minute to read the below transcription of a recent rant of positivity from Jamie Dimon, CEO of JPMorgan, that we thought you’d enjoy as much as we did. We live in the greatest country on the face of the earth, and while we know that deep down, it’s good to be reminded of just how truly blessed we really are.

“America has the best hand ever dealt of any country on this planet today and ever. And Americans don’t fully appreciate what I’m about to say. We have peaceful, wonderful neighbors in Canada and Mexico. We have the biggest military barriers ever built, called the Atlantic and the Pacific. We have all the food, water and energy we will ever need. We have the best military on the planet and we will for as long as we have the best economy. And if you’re a liberal, listen closely to me on that one. OK, because the Chinese would love to have our economy. We have the best universities on the planet. There are great ones elsewhere, but these are the best. We still educate most of the kids who start businesses around the world. We have the rule of law, which is exceptional. If you don’t believe me, we can talk about Brazil, Russia…Venezuela, Argentina, China, (and) India. Believe me, it’s not quite there. We have a magnificent work ethic. We have innovation from the core of our bones. You can ask anyone in the room…it’s not just Steve Jobs. We’re the widest, deepest financial markets in the world has ever seen. I just made a list of these things. It’s extraordinary. It’s extraordinary. And we have it today.” 1

Lastly, if you have 2 more minutes, the following article, the “Top 10 Tech Trends” from 2016, is borderline shocking on how far we’ve come in technology, how close we are to some amazing breakthroughs and how these may positively impact our lives in the very near future.

All of us here at Meinrod & Leeper Wealth Management appreciate the relationship we have with you and the trust you have placed in us. We wish you a healthy, happy and prosperous 2017!

Our Best,
Your team at Meinrod & Leeper

1 Jamie Dimon, JPMorgan Chase CEO, in an interview with Carlyle Group CEO David Rubinstein
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