Is this the goldilocks investing environment that many investors have been waiting for? Interest rates remain low, inflation is tepid, our economy is slowly accelerating, stock fundamentals are strengthening, on and on…! What could possibly go wrong?
The roller coaster year that was 2016 has prepared us well for the 2017 new year. The election may be over but half of America is still quite unhappy with the election result. So, while our near-term outlook tells us 2017 will be a glass-half-full kind of year in the markets, we are cognizant that the many problems we face cannot be fixed overnight with a new leader at the helm.