Happy New Year to everyone.
We hope that it will be a good year for your investments and we will be working hard to achieve this in 2017.
Global investment markets have started the new year with an impressive surge and while there appear to be good opportunities for growth in 2017, it would be unwise to overlook the enormous amount of uncertainty that overhangs the markets and economy. A new administration in the United States is coming in with a very different agenda than the Obama one of the past eight years. Global markets are very nervous about the new potential trade policies the U.S. may adopt. At this early stage it’s unclear how stocks will react to an environment of higher interest rates and potentially higher inflation.
We simply don’t know what we don’t know, however what does seem clear is that this will a more challenging and tactical environment with continued political risk to investments.
We hope that 2017 will bring you good health and good times.